Fred is a U.S. citizen. His wife, Christina, is a in the US on a
K1 Visa. Fred died in 2019.
At the time of his death, he owned a life insurance policy on
his life. It had a death benefit of $500,000 and cash value of
$200,000. Christina is the beneficiary.
What amount, if any, from this policy will included in Fred's
gross estate?
What amount, if any, will qualify for the unlimited marital
deduction? Why?