Establishing values for corporate stock (or other types of entities as well) at death for farm and ranch entities has always been a difficult task. Unlike stock held at death in a corporation listed on a stock exchange, where values are readily established in the various stock exchanges, with day-to-day trading in securities, ownership interests in small, closely held corporations must rely heavily on the values of corporate assets for which there are market-driven values determined every trading day (such as for grains, cattle held for slaughter and other commodities traded regularly) and appraisals for real estate.
Harl, Neil E.
"Fixing Corporate Values at Death by Agreement,"
Agricultural Law Digest: Vol. 28
, Article 1.
Available at: https://lib.dr.iastate.edu/aglawdigest/vol28/iss10/1