(Solved by Humans)-Proceeds of a life insurance policy payable to the estate’s executor, as the estate’s representative

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Proceeds of a life insurance policy payable to the estate’s executor, as the estate’s representative, are Includible in the decedent’s gross estate only if the premiums had been paid by the insured. Includible in the decedent’s gross estate only if the policy was taken out within three years of the insured’s death under the “contemplation of death” rule. Always includible in the decedent’s gross estate. Never includible in the decedent’s gross estate.