Which of the following items is not includible in a person's gross estate?

Question

Quizplus · Accepted Answer

All the options listed (A through D) are includible in a person's gross estate for estate tax purposes. Retirement assets, closely-held business interests, incomplete lifetime transfers where the decedent retained an interest or control, and proceeds of life insurance policies owned by the deceased at the time of death are all considered part of the gross estate.

Which of the Following Items Is Not Includible in a Person's