Estate Planning, Probate, Gift Tax Valuations
Estate, Probate, and Gift Tax Valuations
A major benefit of retaining our services is our ability to perform highly qualified valuations across multiple states for estate planning, probate, and gift tax purposes for a variety of asset types, including real estate, business interests (including fractional interests), and equipment.
This eliminates the need to hire more than one firm for the valuation of various assets and interests.
Our principal holds the MAI, SRA, and ASA designations for real estate appraisal from the Appraisal Institute and American Society of Appraisers, the CVA designation for valuation of business interests (fractional interests, etc.) from the National Association of Certified Valuators and Analysts (NACVA), and is a Certified Machinery & Equipment Appraiser. We are not an AMC (appraisal management company) and our principal is closely involved in the appraisal process.
Our clients can rely on us for the valuation of real estate, intangible assets, and personal property without having to hire multiple firms across various state boundaries.
Our principal is an expert regarding valuation of fractional ownership interests and stays current on issues relating to the controversial discounts for lack of control and lack of marketability.
Our business valuation reports for tax purposes comply with Revenue Ruling 59-50, which is required for valuation of business interests (including fractional ownership interests in real estate holding companies). A discount report which simply cites court cases and selects a discount without current empirical supporting data is unlikely to hold up to scrutiny in an audit.