Richard's father, joseph leder, died in 2014 and was insured by a $1,000,000 policy purchased in 2011 (within three years of his death). richard's mother was the applicant-owner and beneficiary. joseph leder signed as the insured. monthly premium payments ($3,900) were paid by a corporation wholly owned by joseph. was the life insurance included in the estate of joseph? i. yes, it was included because the corporation paid the premium. ii. yes, it was included because joseph died within three years of the policy issue. iii. no, the policy was excluded from joseph's estate. iv. no, the corporations can pay premiums for their key employees, and the policies will always be excluded from their estates. a. ib. i, iic. iiid. iii, ive. iv