When an individual dies, the executor is faced with an important decision that has the potential to impact the taxes owed by the estate and its heirs.¹
The executor will have the option of valuing the estate on the date of death, or on the six-month anniversary of death — the “Alternate Valuation Date.” Pick a Date
It may seem like an obvious decision and simple choice, but it’s not. Here’s why.For estates with substantial […]
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