Jane Ramos Owned Stock with a Cost of $200,000

question 42

Multiple Choice

Jane Ramos owned stock with a cost of $200,000. The stock has a market value on Jane's date of death of $375,000. The stock was willed to Jane's niece Jenny. Which of the following is true?

• A)Jenny's basis is $200,000; the stock's value in the gross estate is $100,000.
• B)Jenny's basis is $375,000; the stock's value in the gross estate is $100,000.
• C)Jenny's basis is $200,000; the stock's value in the gross estate is $375,000.
• D)Jenny's basis is $375,000; the stock's value in the gross estate is $375,000.

---

Definitions:

Grievances

Complaints or disputes brought forward by individuals or groups, typically regarding perceived injustices or unmet expectations in a workplace or organizational setting.

Forgiving Someone

The act of letting go of resentment, anger, or claims against another who has wronged you.

Abused Children

Minors who have experienced physical, emotional, sexual, or psychological harm by caregivers or others.

Forgiveness Characteristic

A feature or quality that defines the act of forgiving, including empathy, understanding, and the willingness to move past the offense.