Bequest Valuation - Stepped Up or DOD

MissyBelles

Hello!

Can you tell me what your auditors recommend for valuing a probated noncash gift, such as stock? From what I understand you can do a stepped up value or a date of death value.

Thank you!

Missy Belles

Whatcom Community Foundation

KaraAdams (Former Community Manager)

Calling all accountants! How would you answer @MissyBelles's question?