HS-330 Web TestEngine demo

If there were no trades of a listed common stock on the date of the stockholder's death, the stock's value is based on its average daily price for the previous month prior to the shareholder's death.

Certain U.S. Treasury bonds that are used to pay federal estate taxes at par are valued at their market price on the date of death of the owner.

When a minority stockholder in a closely held corporation dies, his stock is valued on the basis of the
"blockage" rule.

Valuing closely held stock requires the consideration of several factors outlined by IRS rulings.