Custom Bond Valuations Can Save Clients Money
Barry A. Nelson, a Florida bar board certified tax attorney in the North Miami Beach, Fla., writes: Recently, I was approached by the personal representative...
CUSTOM BOND VALUATIONS DON'T (NECESSARILY) SAVE MONEY
The belief that estates can realize significant estate tax savings from custom bond valuations is based largely on the inefficiencies of the fixed income...
NEW VALUATION COMMITTEE
Trusts & Estates is pleased to announce the formation of a new editorial advisory board committee on valuations. We are honored to have these experts...
The Preferred Method
The battle began in earnest more than 40 years ago: How do we determine discounts for lack of marketability (DLOM)? In the 1970s, valuation experts applied...
Restricted Securities And Illiquidity Discounts
Tax cases offering guidance on the valuation of restricted securities are few and far between. The U.S. Court of Appeals for the Ninth Circuit in its...
Related Links
American Institute of Certified Public Accountants, Business Valuation and Forensic & Litigation Services Center
bvfls.aicpa.orgFrom the website: "The American Institute of Certified Public Accountants is the national, professional organization for all Certified Public Accountants. Its mission is to provide members with the resources, information, and leadership that enable them to provide valuable services in the highest professional manner to benefit the public as well as employers and clients."
American Society of Appraisers
www.appraisers.orgFrom the website: "The American Society of Appraisers is committed to fostering professional excellence in its membership through education, accreditation, publication and other services. Its prestige is intended to contribute to the growth of its membership and to the appraisal profession."
American Society of Farm Managers and Rural Appraisers
www.asfmra.orgFrom the website: "The premier organization for professionals who provide management, valuation, and consulting services on agricultural and rural assets since 1929."
International Society of Appraisers
isa-appraisers.orgFrom the website: "The International Society of Appraisers (ISA) is a not-for-profit, member-driven association, formed to support our member needs and serve the public by producing highly qualified and ethical appraisers who are recognized authorities in professional personal property appraising. Our members include many of the country's most respected independent appraisers, consultants, estate liquidators, auctioneers, gallery owners, and dealers."
National Association of Certified Valuation Analysis (NACVA)
www.nacva.comFrom the website: "NACVA's mission is to provide resources to members and to enhance their status, credentials, and esteem in the field of performing valuations, financial forensics, and related specialty advisory services. To further this purpose, NACVA will advance these services as an art and science, establish standards for membership in the Association, provide professional education and research, foster practice development, advance ethical and professional practices, enhance public awareness of the Association and its members, and promote working relationships with other professional organizations."
The Appraisal Foundation
www.appraisalfoundation.orgFrom the website: "The Appraisal Foundation, a not-for-profit educational organization dedicated to the advancement of professional valuation, was established by the appraisal profession in the United States in 1987…The Appraisal Foundation is a non-profit educational organization established in 1987 to foster professionalism in valuation through the establishment and promotion of professional appraisal standards and appraiser qualifications. The Foundation accomplishes its mission through the work of two independent boards, the Appraiser Qualifications Board (AQB) and the Appraisal Standards Board (ASB). The AQB establishes the minimum education, experience and examination criteria for appraisers and the ASB promulgates the generally accepted standards of the valuation profession."
The Institute of Business Appraisers
www.go-iba.comFrom the website: "The Institute of Business Appraisers is the oldest professional society devoted solely to the appraisal of closely-held businesses. Established in 1978, the Institute is a pioneer in business appraisal education and professional accreditation."
Advisory Board -
Valuations Committee
Radd L. Riebe (chair)
Stout Risius Ross, Inc.Christine L. Baker
Rehmann ConsultingWilliam H. Frazier
Howard Frazier Barker Elliott Inc.Annika M. Reinemann
Cogent ValuationDaniel R. Van Vleet
Duff & Phelps, LLCComplete list of the Trusts & Estates Editorial Advisory Board
