Valuations for Estate Planning
Highly developed estate and gift tax valuation services
It is the burden of the taxpayer to support the values utilized for estate and gift tax returns. Values transferred must be at “Fair Market Value” as defined by the Internal Revenue Service. Patten Thiebaud LLC renders a fair market value opinion that meets IRS standards including Revenue Ruling 59-60. Our valuation reports are also prepared in accordance with professional standards including the Statement on Standards for Valuation Services promulgated by the American Institute of Certified Public Accountants.
The result is an independent and professional opinion of value that can withstand scrutiny and challenge. We stand by our work and are prepared to discuss our report and results with our clients, the IRS or another appropriate third party if required.
Estate and gift tax services may include, but are not limited to:
- Valuations of interests in closely held businesses, including family limited partnerships, and securities for gifting or estate returns
- Valuations of common stock, preferred stock, limited liability corporations and partnerships
Other Services
Business Valuations
We provide comprehensive valuation services to closely held businesses, individuals, and attorneys for purposes of estate planning, individual and corporate tax planning, buying or selling a business, and legal disputes.
Succession and Shareholder Planning
We provide advisory services to trust and estate attorneys, high-net-worth individuals, family offices, trustees, tax accountants, and asset managers.
Transaction and Corporate Advisory Services
We leverage our team's valuation expertise to assist clients in making sound business decisions in critical transactions.