Legal Question in Wills and Trusts in California

Alternative Valuation Dates

I understand that it may be possible to use a date other than the Date of Death for estate valuation purposes on stocks and Real Property. What are the rules concerning this alternative valuation?


Asked on 10/22/07, 1:18 pm

1 Answer from Attorneys
Mitchell Roth MW Roth, Professional Law Corporation

Re: Alternative Valuation Dates

You have to value these assets on the date of death for tax purposes. Whether other valuation dates can be used for purposes of establishing fees, etc. for purposes of probate is a matter of State law which may vary and relate only to probate.

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Answered on 10/22/07, 3:08 pm


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