Alternate Valuation Date

Alternate Valuation Date

Alternate Valuation Date means:
a valuation date 6 months (not 180 days) after the decedent's date of death. For estate tax purposes, the executor may place a value on the estate as of the date of death or on the alternate valuation date. To use the alternative valuation date, the estate value and tax on that date must be less than on the date of death. Former IRC (check if this IRC provision is current here) §§10l4(a) and 2032.

See Inheritance Tax and Inheritance Tax.





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