Dustin owns all of the stock of Gold Corporation which includes both common and preferred shares. The preferred stock is noncumulative, has no redemption date, and possesses no liquidation preference. In 1995, Dustin makes a gift to his adult children of all of the common stock. He dies in 2015 still owning the preferred stock. The value of the Gold stock on the relevant dates is: One of the tax consequences of this estate freeze is:

Question

Dustin owns all of the stock of Gold Corporation which includes both common and preferred shares. The preferred stock is noncumulative, has no redemption date, and possesses no liquidation preference. In 1995, Dustin makes a gift to his adult children of all of the common stock. He dies in 2015 still owning the preferred stock. The value of the Gold stock on the relevant dates is:  One of the tax consequences of this estate freeze is:

Quizplus · Accepted Answer

The Answer of Dustin owns all of the stock of Gold Corporation which includes both common and preferred shares. The preferred stock is noncumulative, has no redemption date, and possesses no liquidation preference. In 1995, Dustin makes a gift to his adult children of all of the common stock. He dies in 2015 still owning the preferred stock. The value of the Gold stock on the relevant dates is:  One of the tax consequences of this estate freeze is:

Dustin Owns All of the Stock of Gold Corporation Which