Property Valuation
A Wisconsin appraisal conducted for estate settlement purposes uses a retroactive effective date because:
AIt is easier to appraise in the past
BEstate tax law requires valuation as of the date of death, which has already passed✓ Correct
CFuture values are uncertain
DCourt rules require historical data only
Explanation
Estate appraisals require a retroactive effective date (date of death) because estate taxes are computed based on the fair market value as of the decedent's date of death.
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