FMV at Date of Death

[Randall]

Is fair market value at the date of death mandatory? If stock value went down, can you use original cost to have a capital loss on the estate return 1041? Or do you have to use fmv at date of death and have no gain no loss?

[Pacun]

You must use FMV at the time of death or 6 month later.

[Randall]

I thought so from my review. Just wanted to check.