All the following statements concerning the estate taxation of life insurance proceeds arecorrect EXCEPT (A) Paying premiums on a policy owned by a third party does not include the value ofthe policy in the payor's gross estate, even if the payments are treated as a gift.(B) Being the beneficiary of a life insurance policy is not enough by itself to have thepolicy's value included beneficiary's gross estate.(C) The proceeds are included in the insured's gross estate if payable to an inter vivostrust that is required to pay the expenses of the insured's estate(D) The proceeds must be excluded from the policyowner - insured's gross estate ifpayable to the surviving spouse because of the marital deduction.
Answers
All the following statements concerning the estate taxation of life insurance proceeds are correct except 'the proceeds are included in the insured's gross estate if payable to an inter vivostrust that is required to pay the expenses of the insured's estate'. The right answer is c.
Although life insurance proceeds are normally not taxed as income, they may be subject to estate taxes if the amount left to your heirs exceeds certain federal and state exemptions.
If you elect to terminate your policy through one life insurance settlement or by giving it to your insurer, you can be subject to income and capital gains taxes. As long as the death benefit is paid out in full as a single, lump-sum payment, life insurance death proceeds are not subject to income tax.
The correct answer is option c.
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Related Questions
Which country was impacted the least from 1929-1933?
Answers
Answer:Tibet
Explanation:
Which of the following best describes the relationship between management and the board of directors?
A) Management reports to the board of directors.
B) The board of directors reports to management.
C) Neither group is accountable to the other.
D) Both groups report directly to the shareholders.
Answers
The describes the relationship between management and the board of directors is management reports to the board of directors (option A).
It is the duty of the board of directors to manage the corporation in an appropriate manner. The board of directors hires and oversees top management. The relationship between management and the board of directors:The management of a company, the board of directors, and the shareholders are all part of a corporation.
A board of directors is responsible for hiring and managing top executives, while management is responsible for running the day-to-day operations of a company. The board of directors evaluates the performance of the management team and makes strategic decisions on behalf of the corporation. The correct option is A.
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Which organ is found in the exretory system
Answers
Answer:
Liver, Gallbladder, Urinary Bladder, Ureters, Urethra, Large Intestine
Explanation:
These are just some of the organs used to excrete something from the body. More organs like this include the lungs as well as the skin.
How did the state of Florida compensate the victims of the Rosewood attack? Is this fair?
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Because of the attention given to the long-ago massacre, the Florida legislature passed a law in 1994 that gave the few survivors of the Rosewood victims $150,000 in compensation for their property losses.
What was the Rosewood compensation?The Rosewood Massacre, a racially motivated murder of black individuals, and the obliteration of a black community, occurred in rural Levy County, Florida, during the first week of January 1923.
The Rosewood Massacre was a 1923 assault by multiple white perpetrators on Rosewood, Florida, where there was a sizable African American community. By the time the conflict ended, the town had been completely devastated, and its inhabitants had been permanently evicted. With the exception of John Wright's General Store, the whole town of Rosewood was destroyed during the historic Rosewood Massacre in 1923.
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What was Paul's Revere's purpose in creating the engraving
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Paul Revere produced the engraving shown here of the Boston Massacre. It was used as propaganda (something used to help or harm a cause or individual) to demand the removal of British troops from Boston.
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Paul Revere produced the engraving shown here of the Boston Massacre. It was used as propaganda (something used to help or harm a cause or individual) to demand the removal of British troops from Boston.
Paul Revere produced the engraving shown here of the Boston Massacre. It was used as propaganda (something used to help or harm a cause or individual) to demand the removal of British troops from Boston.
Paul Revere produced the engraving shown here of the Boston Massacre. It was used as propaganda (something used to help or harm a cause or individual) to demand the removal of British troops from Boston.
How do observations of galaxies at different distances help us learn about galaxy evolution?
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Observations of galaxies at different distances help us learn about galaxy evolution as observations of distant objects explains them as they were in the past.
How can we study the evolution of galaxies?
Astronomers studies the ways galaxies form and evolve by comparing the different shapes along the history of the cosmos, and tracing how they came to exist the way they do.
Why Is It necessary to Understand Galaxies?
Galaxies explains us how the matter in the universe is been organized on large scales. In order to learn about the nature and history of the universe, scientists study how the matter is organized and how that organization had changed through out cosmic time.
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Using Hofstedes theory answer the following:
Hofstede used five distinct dimensions to describe culture. For each of the following statements, agree or disagree and identify which of Hofstede’s dimensions supports your answer
• Greek workers will be more threatened by the possibility of downsizing than workers in Singapore.
• A kibbutz is just as likely to work in India as in Israel.
• American citizens are more likely than Swedish citizens to argue against applying an estate tax to the assets of someone who dies.
Answers
Agree. Greek workers are more likely to be threatened by downsizing compared to workers in Singapore. This aligns with Hofstede's dimension of Uncertainty Avoidance.
Greece tends to have a higher uncertainty avoidance, indicating a preference for stability and resistance to change. Singapore, on the other hand, has a lower uncertainty avoidance and is more open to change and accepting of potential risks in the workplace.
Disagree. A kibbutz is not as likely to work in India as in Israel. Hofstede's dimensions do not directly address communal living, making it difficult to support this statement. The concept of a kibbutz is deeply rooted in Israeli culture, whereas its implementation in India may face cultural differences and challenges unique to the Indian context.
Agree. American citizens are more likely than Swedish citizens to argue against applying an estate tax to someone's assets after their death. This can be explained by Hofstede's dimension of Individualism. The United States exhibits higher levels of individualism, emphasizing personal freedom and limited government intervention. In contrast, Sweden has a stronger collectivist orientation and may be more accepting of estate taxes for the benefit of society as a whole.
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Which four planets can be seen from Earth at the same time at certain times of the year?
help please
Answers
Answer: planets Jupiter, Venus, Mars and Saturn
Explanation: The first step to identifying planets is to know which planets are possible to see without a telescope.
The four planets that can be seen from Earth at the same time at certain times of the year are Mercury, Venus, Mars, and Jupiter.
The reason why this is possible is that these four planets are the closest to the sun, and thus their orbits are shorter than Earth's orbit. This means that they move faster than Earth, so they can catch up to Earth and appear to be in the same place in the sky.
The best time to see all four planets is in the evening after the sun has set but before it gets too dark. This is because the planets will be in the western sky, and so they will be visible for a longer period. Another good time to see all four planets is in the morning before the sun rises. This is also because the planets will be in the eastern sky, and hence they will be visible for a longer period.
The best time of year to see all four planets is in the spring, around May, the planets will be in the same general area of the sky and will be visible at the same time.
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I need help please. I will make you brain list
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But I’m not really sure
according to doctrine and covenants 21, what two words summarize how we are to follow modern prophets?
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Define Pietradura and Shikhara
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\(\bold\red{Pietradura}\) :- Pietra dura, (Italian: “hard stone”), in mosaic, any of several kinds of hard stone used in commesso mosaic work, an art that flourished in Florence particularly in the late 16th and 17th centuries and involved the fashioning of highly illusionistic pictures out of cut-to-shape pieces of coloured stone.
\(\mathtt\pink{Shikhara}\):- Shikhara is the rising tower in the Hindu temple architecture of North India. It is also used in Jain temples. Shikhara is over Garbhagriha. Garbhagriha is the innermost sanctuary of a Hindu and Jain temple where the primary deity of the temple is kept.
Describe the separation of powers in Georgia's state government.
Answers
Answer:The Georgia General Assembly makes the laws. The government enforces the laws. Georgia Supreme Court interprets the laws.
Explanation:
In this economic system, people completely control supply and demand, and the factors of production.
Options: Traditional, Command, Market, or Mixed
Answers
Answer:
Market
Explanation:
Here are a brief difference between the four systems.
Market : People/the Private sector control the supply/demand along with factors of production
Command : Government control the supply/demand along with factors of production
Mixed : Both the Government and the people control the supply/demand along with factors of production
Traditional : Traditions control the supply/demand along with factors of production
Under the Full market economy, people have the full freedom to determine the outcome in the market. The resources such as land, materials, and skills will be privately owned and the government has no influence within the market.
One advantage of this system is that the winners of the competition in the market will accumulate high amount of wealth in relatively fast period. But on the downside, lack government involvement often turns the competition dirty and those who hurt other individuals in the process wouldn't receive any repercussions.
cells are divided into which 2 major group
Answers
Answer:
Eukaryotic and Prokaryotic
Explanation:
Prokaryotic cell is that without a delimited nucleus and Eukaryotic cells are those with nucleus delimited by membrane.
Answer: prokaryotic cells and eukaryotic cells
Explanation:
Prokaryotic cells and Eukaryotic cells do not have a nucleus or other membrane-bound organelles but the cell's DNA is suspended in the cytoplasm.
Thomas Theorem (definition of the situation)
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The Thomas Theorem is a sociological concept that states that people's behavior is influenced by their interpretation of reality, rather than objective reality itself.
This means that the way individuals define a situation is more important than the actual facts of the situation.
For example, if someone believes that they are being unfairly treated in a situation, even if there is no actual evidence to support this belief, their behavior will be influenced by this perception. The way that people interpret and define situations can impact their attitudes, emotions, and actions.
The Thomas Theorem is important because it highlights the importance of perception in shaping individual behavior. It also suggests that the way people define situations can have real-world consequences, as it impacts the decisions that they make and the actions that they take.
By understanding the role of perception in shaping behavior, individuals can be more aware of their own biases and better navigate complex situations.
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A student contemplates cheating on an exam. If she uses the "categorical imperative" to evaluate her options and to figure out what duty she owes, the most likely result will be:
a. She will decide not to cheat because she fears the consequence of getting caught.
b. She will decide not to cheat because she concludes that ifeveryone cheated, the educational system would be rendered meaningless. This helps her to determine that she owes a duty to the other students and to the professor not to cheat.
c. She will decide not to cheat because cheating will not bring about maximum societal utility (i.e. the greatest good to the greatest number of people.)
d. She will not cheat because it will infringe upon the rights of other test-takers as well as the professor.
Answers
Correct option is c: If a student uses the "categorical imperative" to evaluate her options and to figure out what duty she owes.
The most likely result will be that she will decide not to cheat because cheating will not bring about maximum societal utility . She will decide not to cheat because cheating will not bring about maximum societal utility (i.e. the greatest good to the greatest number of people).The Categorical Imperative (CI) is an ethical theory that aims to formulate the principles by which we can determine the morality of any action.
CI is developed by Immanuel Kant, who describes it as the fundamental principle of moral reasoning. In this case, we can understand that the student who uses CI will consider the outcomes of their actions in terms of the greater good of society. Cheating is seen as a personal action that might have serious consequences in the education system.
Therefore, if the student thinks in terms of the greater good of society, she will understand that cheating is not a solution and she might harm not only herself but other students and the professor as well. Thus, she will decide not to cheat because it will not bring about maximum societal utility.
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species of some animals are on the verge of extinction as their population has decreased considerably. such species are known as ___________ a.endangered species b. extinct species c. dying species d. dead species {h.o.t.s}
Answers
Answer:it’s endangered species
Explanation:
Answer:B:extinct species
Explanation:extinct species are the species of animals that are decreasing
Which of these counties is most similar to country a
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Answer:
You need to tell us which countries your referring to
women with higher education also risk giving up higher incomes and career status if they have children, known as the
Answers
Women with higher education also risk giving up higher incomes and career status if they have children, known as the opportunity costs.
What is an opportunity costs?An opportunity costs refers to potential benefits that an individual, investor, or business misses out on when choosing one alternative over another. Because the costs are unseen by definition, they can be easily overlooked. But understanding potential missed opportunities when a business or individual chooses one investment over another allows for better decision making.
An opportunity cost is an internal cost used for strategic contemplation but it is not included in accounting profit and is excluded from external financial reporting. Examples of an opportunity cost include investing in a new manufacturing plant in Los Angeles as opposed to Mexico City.
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Why would the founding fathers, nervous about an all-powerful central government, divide the
powers of government up among the three Branches of Government?
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Answer:
So no single branch would have too much power.
what are the three components (and the recommended order) of a daily activity program?
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Answer:Warm-up, workout, cool down
Explanation: three key phases to exercise are warmup, training, and cool down. During the warmup, you ready the body for what's to come. In the middle phase, you perform strenuous work. And in the cool-down period, you bring your body back to a resting state.
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What institution was most directly challenged by the magna carta? the church feudalism nationalism the monarchy
Answers
The monarchy was that institution that was most directly challenged by the magna carta.
What is the Magna Carta?It referred to the document signed by King John in 1215 that made kings subject to law and as wells stated that people could not be deprived of their lives, liberty or property unless judged by others (law). This document influenced the US Constitution by having an effect on the 10 Amendments which is known as Bill of rights.
In conclusion, the monarchy was that institution that was most directly challenged by the magna carta.
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Answer: The monarchy
Explanation: did the test
The cause of America is in a great measure the cause of all mankind . . . The laying a Country desolate with Fire and Sword, declaring War against the natural rights of all Mankind . . . is the Concern of every Man to whom Nature hath given the Power of feeling.
—Thomas Paine, Common Sense, 1776
Based on the excerpt, what does Paine argue about the American desire for independence?
It is universal.
It only concerns Britain.
It is different from other countries.
It is overly complicated.
Answers
Based on the excerpt Paine argue about the American desire for independence is universal .
Prior to 1775, most patriots wanted to stay within the British Empire. The bulk of them began to believe that their happiness was better guaranteed outside the empire as the battle dragged on. They were compelled to seek a complete break due to a number of factors, including the bloodshed by British troops, attacks by the British navy on American ships, sailors, and ports, the enlistment of African Americans, Native Americans, and German (Hessian) mercenary troops by Britain, the patriots' growing conviction that Britain would not accept an accommodation, and the conviction that if an agreement with Britain were reached, it would lead to the end of the United States.
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Answer:
A) It is universal.
Explanation:
brainpop- immigration
how did immigration to the original 13 colonies differ from immigration during the 19th and 20th centuries
A: the original immigrants were mostly wealthy; afterward, immigrants were mostly poor
B: the original immigrants came Mostly from Great Britain afterward, immigrants came from all over the world
C: the original immigrants do not speak English; afterward most immigrants did
D:
the original immigrants were Native Americans, afterward, most immigrants were Europeans
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B: the original immigrants came Mostly from Great Britain afterward, immigrants came from all over the world
In 1995, the criminal trial of O.J. Simpson attracted worldwide attention. O.J. Simpson, a former
professional football star, was accused of murdering his former wife and her friend. The jury found
that Simpson was not guilty of the crimes. As you may have learned in a previous lesson, the Fifth
Amendment protects people from being tried for the same crime twice in the same court. Yet, in 1996,
O.J. Simpson was taken to court again for the same murders in a civil trial. He was found guilty.
How do you think this could happen?
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Answer: A
Explanation:
The government of South Africa is a parliamentary democracy. In this system of government, the citizens
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The correct answer to this open question is the following.
You forgot to attach the options for this question. However, we can answer the following.
The government of South Africa is a parliamentary democracy. In this system of government, the citizens vote for legislators who then elect a new chief executive.
In a parliamentary democracy like the one in South Africa, the citizens participate in elections to choose the members of the National Assembly, which is the lower house of the South African Parliament. Then, this National Assembly elects the President of South Africa.
Similar to what happens in the United States, the federal government of South Africa has three branches. The Legislative branch is the Parliament. The Executive branch is the President. And a judicial branch the Constitutional Court.
two researchers tell you they study the same thing. however, when you look at their research papers, they do not use similar methodologies or measurements. how is this possible?
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Two researchers can study the same topic using different methodologies and measurements, as multiple approaches can provide complementary insights and enhance understanding of the subject.
Researchers often employ various methodologies and measurements to study the same topic, as each approach has its unique strengths and limitations. By using different methods, they can explore different aspects of the topic or validate their findings by cross-checking results.
For instance, one researcher may use quantitative methods, such as surveys and statistical analysis, while the other uses qualitative methods, like interviews and observations.
These distinct approaches can provide complementary insights, revealing different dimensions of the subject and deepening the overall understanding of the phenomenon being studied.
Additionally, using different measurements allows researchers to account for potential biases or limitations that may be inherent in a single method.
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What main idea would be described by these headlines?
headlines:
1. "massive factory fire kills 150"
2. "2 million child workers"
3. "pullman cuts wages"
4. "carnegie buys new machines- jobs loss"
a. the need for strikebreakers
b. the gospel of wealth
c. social darwinism
d. the need for labor unions
Answers
The main idea that would be described by these headlines is the need for labor unions.
What do you mean by the idea?An idea refers to the thought or any suggestion of a possible course of action.
The main idea that would be described by these headlines is the need for labor unions.
Therefore, D is the correct option.
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The need for labor unions
These symbols µ and σ represent the mean and standard deviation for which of the following choices?
A. population
B. sample
C. sampling distribution
D. none of the above
Answers
The symbols of µ and σ represent the mean and standard deviation of sampling distribution for a population.
What is the mean μ of the sampling distribution?The population mean is known to be μ (mu) and the population standard deviation is known to be σ (sigma) and the mean of all sample means is known to be (x-bars) which is the population mean μ (mu).
Note that The symbols of µ and σ represent the mean and standard deviation of sampling distribution for a population.
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According to lazarus and folkman, arguing that "i don’t have to worry about plane crashes because i never fly" is an example of?
Answers
According to Lazarus and Folkman, arguing that "I don't have to worry about plane crashes because I never fly" is an example of a cognitive coping strategy known as avoidance.
Lazarus and Folkman's theory of stress and coping suggests that individuals engage in various cognitive coping strategies to manage or reduce stressors. One such strategy is avoidance, which involves mentally or physically distancing oneself from a stressor to minimize its impact on one's well-being. In the given example, the individual uses avoidance as a cognitive coping strategy by rationalizing that since they never fly, they do not have to worry about plane crashes. By avoiding the activity that is associated with the stressor (flying), they believe they are removing the potential threat of a plane crash and thus alleviating their worry or anxiety about it. However, it is important to note that avoidance as a coping strategy may not always be effective or adaptive in the long term, as it does not address or resolve the underlying concerns or fears associated with the stressor.
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