January 2016

Three Estate Valuation Victories – And one Executor’s Mistake

In my last post, I wrote about how the dollar value you assign to real estate or a business for tax purposes can vary depending on the circumstance of the situation. In this post, I describe 3 different scenarios where our law firm was able to save our clients thousands in taxes. I also describe a scenario where you actually save money by assigning a higher value.

Playing the Estate Tax “Valuation Game”

An important part of estate planning is to assign an “estate tax value” to every asset, including interests in real estate and businesses. Assigning the proper value to assets is more complex than you might think. And, if you don’t take full advantage of certain value reducing techniques, you can wind up paying tens of thousands of dollars more in taxes than necessary. In this post, I discuss some of the factors in valuing assets.