When Godfrey died in 2013, his assets were valued as follows: The executor sold the stock two
Question:
The executor sold the stock two months after the decedent's death for $2,200,000. The bonds were sold seven months after the decedent's death for $4,630,000. What valuation should be used for the gross estate?
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ASSET Stocks Bonds Home Total DATE OF DEATH VALUATION $2.220,000 4,600,000 VALUATION SIX MONTHS LATER $2,180,000 4,620,000 800,000 780,000 $7,620,000 $7,580,000
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Related Book For
Taxation For Decision Makers 2014
ISBN: 9781118654545
6th Edition
Authors: Shirley Dennis Escoffier, Karen Fortin
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