_____ 15.The executor can elect the alternative valuation date only if both the value of the estate and the estate tax are reduced.

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The executor of an estate can choose to use the alternative valuation date, which is six months after the date of death, to determine the value of the estate for estate tax purposes. However, this election can only be made if it results in a reduction of both the value of the estate and the estate tax liability.

_____ 15The Executor Can Elect the Alternative Valuation Date Only If