Morrow died on January 15,2015 leaving the following assets: What is the value of the estate if the alternative valuation date is elected and the house was sold on March 10 for $605,000 and the stocks were sold on June 30 for $265,000?

Question

Morrow died on January 15,2015 leaving the following assets:  What is the value of the estate if the alternative valuation date is elected and the house was sold on March 10 for $605,000 and the stocks were sold on June 30 for $265,000?

Quizplus · Accepted Answer

$605,000 + $265,000 + $402,000 + $78,000

Morrow Died on January 15,2015 Leaving the Following Assets