Sentences with phrase «valuation date elected»
Also, write «Alternate Valuation Date Elected» across the top of Form 706ME.
http://www.maine.gov/ Not exact matches
When the investor passes away his or her heirs will receive a step - up in cost basis equal to the fair market value of the property as of the date of his or her death, or the heirs can elect an alternate valuation date six months after the date of his or her death.