PTAX Estate and Gift R16-166X

What is the alternative valuation date, as outlined in estate planning?

Six (6) months after the date of a person’s death

For estate tax purposes, the executor may place a value on the estate based on the date of the death or on the alternate valuation date.  The estate value and tax must be less than the value established on the the date of death if the alternative valuation date is to be used