@RobertB4444 wrote:
The value of the house is what it was worth on the date of your mom's passing OR six months later, whichever was greater.
Per Section 2032(c) the election to use the 6-month alternate valuation date can only be used if (a) the election reduces the value of the gross estate, and (b) the election reduces the amount of estate tax due.
In 2023, the estate would have to be valued at more than $12.92 million in order to make the 6-month alternate valuation date election.
