Identify Which of the Following Statements Is True

Identify which of the following statements is true.

A) Special powers of appointment give the power holder less restricted powers than a general power of appointment.
B) If spouses are the only joint owners, only one- half of the value of the jointly owned property is included in the gross estate, regardless of the relative amount of consideration provided by either spouse.
C) The gross estate does not include the value of life insurance policies on the decedent if the proceeds are receivable by the executor or for the benefit of the estate.
D) All of the above are false.