What is included in decedent gross estate
Problem: 2 years ago decedent gave child $750k in cash. Decedent dies 2 in the current year. What is included in decedent's gross estate?
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His spouse told him he had underreported his business income before Rhett signed the return.
2 years ago decedent gave child $750k in cash. Decedent dies 2 in the current year. What is included in decedent's gross estate?
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1. Can the company claim the $65,000 as a bad debt. 2. Do the amounts given to the IPC qualify as approved donations?
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