How to Value an Estate for Inheritance Tax: Calculations and Examples

To value an estate, you will need to calculate what the deceased person owned and how much those assets were worth at the time of death. The final amount can determine whether federal or state estate taxes apply, affect how property is divided among heirs and establish the tax basis beneficiaries receive for inherited assets. […] The post How to Value an Estate for Inheritance Tax: Calculations and Examples appeared first on SmartReads by SmartAsset .