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In settling an estate, if all/some of the securities are sold, pooled and distributed after estate tax is paid, what is the cost basis of those securities?

I understand that if the securities are transfered to beneficiaries and not sold on behalf of estate the cost basis is time of death or if securities decrease in value 6 months later.  IS THIS THE CASE IF SECURITIES ARE SOLD PRIOR TO FILING/DISTRIBUTION.  I assume it is but would like other's thoughts.

Thanks,
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