Dustin and penny are husband and wife and always have lived, Ask an Expert

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Dustin and Penny are husband and wife and always have lived in Washington. At the time of Dustin's prior death in 2009, he was insured in the amount of $600,000 with Penny as the designated beneficiary. The policy was taken out by Dustin before marriage and the premiums thereon were paid as follows: 30% prior to marriage from Dustin's separate property and 70% after marriage from community funds. As the this policy, Dustin's gross estate includes:

a. $180,000

b. $210,000

c. $300,000

d. $390,000

e. $600,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9431115

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