Alternative Valuation Date(redirected from Alternative Valuation Dates)
Alternative Valuation Date
Six months after the death of a person subject to the estate tax. If the executor of an estate believes that the value of an estate is declining or will decline, he/she may use the alternative valuation date for purposes of determining the value of the estate. This reduces the estate tax owed. Otherwise, the executor uses the date of the person's death.
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