Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 13 Aug 2017 My Price 3.00

life insurance policy

Monty owns a life insurance policy that will pay $500,000 to Pearlie, his spouse, upon his death. At the date of Monty’s death, he had paid total premiums of $115,000 on the policy. In accordance with § 101(a)(1), Pearlie excludes the $500,000 of insurance proceeds. Discuss the relationship, if any, between the § 101 exclusion and the recovery of capital doctrine.

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Maurice Tutor
(5)
Status NEW Posted 13 Aug 2017 01:08 PM My Price 3.00

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