PowerPoint

Special Use Valuation
The property must have been owned by the
decedent and/or a member of his or her
family for at least 5 of the last 8 years before
the decedent’s death
The h property must have been used for
farming – including timber production –or a
closely‐held business purpose and must have
been devoted to that use at the time of the
decedent’s death
34