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Assets transferred to which of the following trusts will be included at the time of the grantor’s death in the grantor’s gross estate for federal estate tax purposes?

I Revocable living trust

II Testamentary trust

III Irrevocable inter vivos trust

IV Funded revocable trust

A. I and II only

B. III and IV only

C. I, II and IV only

D. I, III and IV only

Financial Management, Finance

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