Alternate Valuation Date

1 Posts
1 Sections
1 Types

Definitions

Alternate Valuation Date Estate Planning Estate Tax Tax Planning Executor Valuation Date

The Alternate Valuation Date is a date six months after the date of a person's death. For estate tax purposes, the executor may choose to place a value on the estate either as of the date of death or on the alternate valuation date. To use the alternative valuation date, the estate value and tax must be less than on the date of death.