Which of the following circumstances would cause the gifted property to be included in the donor's gross estate? I.Donor retains a life estate in the gift property.
II. Donor retains the power to revoke or amend the gift.
III. Doncr gives more than to one donee in cone year
IV. Donor dies within three years of gifting band.
A) I,II and III
B) I,II
C) II,IV
D) III,IV
Correct Answer:
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