Beth died on May 8, 2015 Her executor elected date of death valuation Beths gross estate included, among other properties, the items listed below What is the estate tax value of each item a 4,000 shares of Highline Corporation stock, traded on a stock exchange on May 8, 2015 at a high of 30, a low of 25, and a close of 26 b Life insurance policy on the life of Beth having a face value of $600,000 The cost of a comparable policy immediately before Beths death was $187,430 c Life insurance policy on the life of Beths son having a face value of $100,000 The interpolated terminal reserve immediately before Beths death was $14,000 Unexpired premiums were $920 d Beach cottage appraised at a FMV of $175,000 and valued for property tax purposes at $152,000

Question: Beth died on May 8, 2015. Her executor elected date-of-death valuation. Beths gross estate included, among other properties, the items listed below. What is the

Beth died on May 8, 2015. Her executor elected date-of-death valuation. Beth’s gross estate included, among other properties, the items listed below. What is the estate tax value of each item?
a. 4,000 shares of Highline stock, traded on a stock exchange on May 8, 2015 at a high of 30, a low of 25, and a close of 26.
b. Life insurance policy on the life of Beth having a of $600,000. The cost of a comparable policy immediately before Beth’s death was $187,430.
c. Life insurance policy on the life of Beth’s son having a of $100,000. The interpolated terminal reserve immediately before Beth’s death was $14,000. Unexpired premiums were $920.
d. Beach cottage appraised at a FMV of $175,000 and valued for property tax purposes at $152,000.

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