Choice "D" is correct. The bankruptcy estate includes property the debtor receives from a bequest, devise, inheritance, property settlement, divorce decree or beneficial interest in a life insurance policy or death benefit plan within 180 days after the filing of the petition. In addition, the estate includes any income generated by estate property (rents, interest and dividends) after the petition is filed. Earned income after the case commences is generally excluded.
Choice "b" is incorrect. Alimony, support or maintenance is exempt property.
Choice "a" is incorrect. Government benefits, such as social security, veterans benefits, unemployment comp. and disability, are exempt property.
Choice "c" is incorrect. Certain gifts received within 180 days after the petition is filed are included within the estate, but the one-year period here too long.