question archive (A) How are transfers made by a decedent, where a life estate is retained as part of the transfer, treated for purposes of the gross estate? What reason behind this rule? (B) Please discuss one significant case that applied this rule
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(A) How are transfers made by a decedent, where a life estate is retained as part of the
transfer, treated for purposes of the gross estate? What reason behind this rule?
(B) Please discuss one significant case that applied this rule. What was the consequence for taxpayer's gross estate?