CHAPTER 8: THE GROSS ESTATE
§ 8.1 Section 2031—Definition of Gross Estate
§ 8.1.1 Overview of the Gross Estate
§ 8.2 Section 2032—Alternate Valuation Date
§ 8.3 Section 2032A—Valuation of Certain Farm and Business Real Estate
§ 8.3.1 General Rule
§ 8.3.2 Special Use Election
§ 8.3.3 Requirements for Special Use Election
§ 8.3.4 How Special Use Election is Made
§ 8.3.5 Recapture of Tax Savings
§ 8.4 Section 2033—Interests Owned at Death
§ 8.5 Section 2034—Dower or Curtesy Interests
§ 8.6 Sections 2036, 2037, and 2038—The Three “Strings” Sections
§ 8.7 Section 2036—Transfers with Retained Life Estate
§ 8.7.1 Right to Use, Possess, or Enjoy the Property or the Income from the Property
§ 8.7.2 Right to Name Who Shall Use, Possess, or Enjoy the Property or Its Income
§ 8.7.3 Retention of Right to Vote Shares of Gifted Stock
§ 8.7.4 Reciprocal Trusts
§ 8.8 Section 2037—Transfers that Take Effect at Death
§ 8.9 Section 2038—Revocable Transfers
§ 8.10 Section 2042—Life Insurance
§ 8.10.1 Incidents of Ownership
§ 8.11 Section 2035—Lifetime Gifts, Transfers, and Gift Taxes
§ 8.11.1 Transfer with a Retained Life Estate—Section 2036
§ 8.11.2 Transfers Taking Effect at Death—Section 2037
§ 8.11.3 Revocable Transfers—Section 2038
§ 8.11.4 Transfers of Life Insurance on the Decedent’s Life—Section 2042
§ 8.11.5 Gift Taxes Paid on any Gifts Made Within Three Years of Death—Section 2035(b)
§ 8.11.6 Other Rules Relating to Transfers Within Three Years of Death—Section 2035(c)
§ 8.12 Section 2039—Annuities
§ 8.12.1 Amount Included
§ 8.12.2 Valuation
§ 8.13 Section 2040—Joint Tenancies
§ 8.13.1 The Spousal Rule
§ 8.13.2 The Contribution Rule
§ 8.14 Section 2041—Powers of Appointment
§ 8.14.1 General Power of Appointment
§ 8.14.2 Exceptions
§ 8.14.3 Five or Five Power
§ 8.15 Section 2044—QTIP Marital Deduction Property
