American College HS330 Exam - Topic 2 Question 122 Discussion

Actual exam question for American College's HS330 exam

Question #: 122
Topic #: 2

Which of the following statements concerning the inclusion and valuation of all or part of a commercial annuity in the estate of an annuitant is correct?

AA life annuity with a period certain is includible to the extent of the present value of any remaining guaranteed payments.

BAn annuity is includible to the extent of the value determined by the special 10-year averaging rule.

CIf the executor elects the alternate valuation date an annuity is includible at its replacement cost 6 months after death.

DA joint and survivor annuity is includible to the extent that the survivor paid the purchase price of the contract.

Show Suggested Answer

Suggested Answer: A

by Juan at Mar 06, 2026, 11:05 AM

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