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Estate Tax "Alternate valuation date"

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    Estate Tax "Alternate valuation date"

    Has anyone used the Estate Tax "Alternate valuation date" ?

    If so, what was the benefit?

    Thanks

    #2
    The estate tax alternate evaluation date (6 months after the day of death) is only used if the valuation is less and thus you save your client $$.
    taxbilly

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      #3
      May offor a tax advantage such as lower tax laibility.

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        #4
        Alternate valuation

        In a lot of cases you couldn't tell if values changed or what the true value was either on the date of death or six months later. If marketable securities are inherited, that would be something you could determine on both dates.

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