Even if the value of the gross estate is lower on the alternate valuation date than on the date of death,the alternate valuation need not be used.

Question

Quizplus · Accepted Answer

The use of the alternate valuation date is optional and is only used if it results in a lower estate tax liability. If the value of the gross estate is lower on the alternate valuation date, but it would not result in a lower estate tax liability, then the alternate valuation date need not be used.

Even If the Value of the Gross Estate Is Lower