13. Subsequent Transfers

Transferee

NoYes

Was property transferred by initial recipient to related transferee??

No Action Required

NoYes

Does transfer occur before final value determined under
1.1014-10(c)?

No Action Required

NoYes

Has value
become Final

No Further Action Required

Executor provides supplemental Sched A to Transferee showing the final value

Recipient/Transferor

  • Files 8971/Sch A w/ IRS
  • Furnishes Sch A to transferee

Recipient/Transferor

  • Furnishes Sched A to executor based on value reported on estate tax return