Each of the following helps to reduce federal estate taxes EXCEPT A)

Each of the following helps to reduce federal estate taxes EXCEPT

A) the marital deduction.
B) the applicable unified tax credit amount.
C) life insurance policies in which the deceased had an incidents of ownership at the time of death.
D) expenses such as the cost of the funeral, estate settlement costs, and probate costs.

 

 

ANSWER

Answer: C

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