When Ben died, his executor elected the alternate valuation date.What value is included in the gross estate
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When Ben died, his executor elected the alternate valuation date.What value is included in the gross estate for each of the following properties?
a. Marketable securities valued at $80,000 at date of death, valued at $89,000 six months after death, and sold for $92,000 by the estate 10 months after death.
b. Investment land valued at $100,000 at date of death, valued at $102,000 when it was distributed to a beneficiary four months later, and valued at $110,000 six months after death.
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Related Book For
Taxation For Decision Makers 2008
ISBN: 9780324654110
2nd Edition
Authors: Shirley Dennis-Escoffier, Karen A. Fortin
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