Items in the inventory of property of a decedent on the date of death must be valued for the estate at:

Name: Items in the inventory of property of a decedent on the date of death must be valued for the estate at:
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Items in the inventory of property of a decedent on the date of death must be valued at their current fair value. This is because the estate needs to establish the market value of the assets as of the date of death for tax and distribution purposes.

Items in the Inventory of Property of a Decedent on the Date