2. Given the various account features of the four types of checking accounto described in the table above justify the best account for each of the following ountomera: (12 points: a points
for each customer)
Small business owner:
College freshman working at the university bookstore:
Married couple with two kids:
3. Each of the four types of checking accounts listed in the table above offers free ATM access
Please explain why this free access will or will not apply in all situations when you use an ATM.
(8 points: 2 points for each type of account)

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?