Which of the following is are among the exceptions to the, Financial Management

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Which of the following is are among the exceptions to the

Which of the following is (are) among the exceptions to the general rule that property given within three years of death is excluded from the donor’s gross estate for federal estate tax purposes?

I Life insurance

II Gift taxes paid on the value of a gift

III Farm land gifted to a son or daughter

A. I only

B. I and II only

C. II and III only

D. I, II and III

Provide a detailed explanation. This is estate planning.

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