Question
Following are the fair market values of Wilma's assets at her date of death: Personal effects and jewelry $150,000 Land which Wilma bought and held
Following are the fair market values of Wilma's assets at her date of death:
| Personal effects and jewelry | $150,000 |
| Land which Wilma bought and held as a joint tenant with right of survivorship with her sister | 800,000 |
The executor of Wilma's estate did not elect the alternate valuation date. The amount includible in Wilma's gross estate is
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Beyond Agile Auditing Three Core Components To Revolutionize Your Internal Audit Practices
Authors: Clarissa Lucas
1st Edition
1950508676, 978-1950508679
