Which factor would NOT influence the valuing of an estate for tax purposes?

The valuation of an estate for tax purposes is a formal process grounded in objective criteria, and public sentiment toward the deceased does not play a role in this process. Estate tax valuations are based on the total value of assets owned by the deceased at the time of death, which includes real estate, investments, and personal property, minus any liabilities such as debts.

Key factors that influence valuation include the appraised value of assets, which is determined by fair market value at the date of death. The date of death valuation is fundamental because it provides a specific point in time for assessing the value of the estate. Additionally, the debts of the deceased must be accounted for as they are subtracted from the total assets to calculate the net estate value subject to tax.

Overall, the valuation process relies on financial metrics and legal criteria, making public sentiment irrelevant in determining the taxable value of an estate. This underscores the importance of objective assessment in tax matters, contrasting with subjective opinions or emotions that have no bearing on financial evaluations.