Q: What price of the stock should be used for estate tax valuation? At the date of death or at the date of collection?
The father died in 2012, but due to personal circumstances, the probate was opened in 2020. Now the stock value increased. Which price of the stocks should be considered for estate taxation: at the date of death or at the date i collected it?
The date of death value. Even though the stock didn't transfer, your right to the stock activated at his death.
I hope this helps.
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