Rachel owned four assets when she died in 2018.
Asset Date of Death Value Alternate Date Valuation
A $11,160,000 $11,180,000
B 2,200,000 2,390,000
C 3,250,000 3,310,000
D 825,000 700,000
Which value should the executor or personal representative use for valuing the gross estate? Explain.

Question

Quizplus · Accepted Answer

The Answer of Rachel owned four assets when she died in 2018.
Asset Date of Death Value Alternate Date Valuation
A $11,160,000 $11,180,000
B 2,200,000 2,390,000
C 3,250,000 3,310,000
D 825,000 700,000
Which value should the executor or personal representative use for valuing the gross estate? Explain.

Rachel Owned Four Assets When She Died in 2018