How much is included in her gross estate

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Reference no: EM132665353

Problem - Included in Mary's gross estate are the following assets:

 

Fair Market Value

 

Date of Death

Six Months Later

Stock in Orange Corporation

$13,000,000

$13,100,000

Stock in Crimson Corporation

6,100,000

5,900,000

Required -

a. How much is included in her gross estate if the alternate valuation date is elected?

b. Instead, what if all of Mary's assets pass to her surviving husband?

c. Express your answer in part (a) as a Microsoft Excel formula.

Reference no: EM132665353

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