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Exam Series 7 All Questions

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Exam Series 7 topic 1 question 193 discussion

Actual exam question from FINRA's Series 7
Question #: 193
Topic #: 1
[All Series 7 Questions]

In order to determine the amount of estate tax due, if any, the assets of a decedent’s estate are valued as of the date of death. A second evaluation is then made:

  • A. three months after the date of death
  • B. six months after the date of death
  • C. one year after the date of death
  • D. at any time up to six months after the date of death
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Suggested Answer: B 🗳️
six months after the date of death. A second evaluation is made six months from the date of death. The estate may then use either value in determining estate tax.
by lolojepu at April 6, 2025, 2:08 a.m.

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