Matthewo wns an insurance policy (face amount of $1,630,000) on the life of Emily with Uma listed as the designated beneficiary. Of Emily dies first and the $1,630,000 is paid to Uma, how much is included in the following gross estates? a. Matthew's gross estate?
b. Emily's gross estate?

Explanation:

Matthew owns an insurance policy that has designated Uma as the beneficiary. If Emily dies, the money will go to Uma and not to Matthew so Matthew will not include any amount in his estate.

If Emily dies, no amount goes to her estate either because Emily was not the beneficiary, Uma was. Emily dying will simply lead to Uma's estate getting the money and not Emily's.

ok this has nothing to do with business

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%