Gift and Estate Tax Planning

Business valuations prepared for gift and estate purposes are typically prepared for IRS tax filing purposes as a result of a death or for tax planning.  An attorney for the client typically quarterbacks this process. In addition, in many cases, real estate and property and/or equipment appraisals are required as part of the business valuation analysis. The IRS, per section 2031 (a), section 20.2031-1 (b) of the Estate Tax Regulations, and section 25.2512-1 of the Gift Tax Regulations defines fair market value is defined as:

“…the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts.”

The team at Vallit has significant experience working with the professionals involved in these matters.  In addition, our business valuations comply with any applicable IRS regulations and will withstand any IRS scrutiny.

Ready to get in touch with a Vallit Advisor?

Our Services

Providing a Clear View of The Financial Picture

Vallit is focused solely on dispute consulting, business valuation and forensic accounting. Our senior team members have testified over 200 times in Federal, State and International courts. Our dispute expertise ranges from family law to complex commercial and intellectual property matters in a wide variety of industries. In non-disputes, our valuation reports are relied on by estate and trust attorneys, auditors, and business decision makers for tax, financial reporting and transaction purposes.

National & International Work

While our headquarters are in the Maryland region, we have performed assignments all over the globe working with national and international law firms and their clients. Our professionals work from our offices in Denver, Annapolis, Washington D.C. and Timonium/Baltimore. Our technology allows us to work seamlessly anywhere in the world to provide best of class dispute, valuation and forensic accounting services.