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
Contact us to Request a Consultation, or give us a call at 214-696-1922 and speak to Mark Patten for more information.