ALTERNATE VALUATION DATE

By SovConn | August 17, 2014

alternate valuation date.Tax law. The date six months after a decedent’s death. • Generally, the

estate can elect to appraise the decedent’s property either as of the date of the decedent’s death or

as of the alternate valuation date. See BASIS. [Cases: Internal Revenue 4184.20; Taxation

895(4). C.J.S. Taxation §§ 1902–1903.] [Blacks Law 8th]