If the executor of a decedent's estate elects the alternate valuation date and none of the estate's property is sold or distributed before the alternate date, the estate's assets are valued as of how many months after the date of death?
A)0, date of death is the correct valuation date.
B)3 months.
C)6 months.
D)9 months.
E)12 months.

Question

Quizplus · Accepted Answer

The alternate valuation date is six months after the date of death, so the estate's assets would be valued as of that date if none of the property is sold or distributed before then.

If the Executor of a Decedent's Estate Elects the Alternate