The Federal Estate Tax and Valuation of Closely Held ...

The estate tax attaches at the moment of death. Therefore, the value of assets included in the “gross estate” is that of the date of the decedent’s death. The Internal Revenue Code also allows for an alternative valuation date. Under I.R.C. §2032 an executor can elect to value the all the assets in the estate six months after the date of ... ................
................