In determining whether a dividend issued on stock held by a decedent is included in the gross estate, the record date
(rather than the declaration or payment dates) controls.

Question

Quizplus · Accepted Answer

The record date determines who is entitled to receive the dividend, and if the decedent was the holder of record on that date, the dividend is included in the gross estate.

In Determining Whether a Dividend Issued on Stock Held by a Decedent