ue.35. In each of the following independent situations, indicate whether the alternate valuation date can be elected. Explain why or why not. Assume all deaths occur in 2011. Value of gross estate estate tax liability Decedent date of death six months later date of death six months later Art $6000000 $5900000 $240000 $241000 Maude 6000000 6100000 265000 260000 Bob 6100000 6000000 200000 190000 Bette 6500000 6400000 205000 210000