When an individual dies, the executor is faced with an important decision that has the potential to impact the taxes owed by the estate and its heirs.1 The executor will have the option of valuing the estate on the date of death, or on the six-month anniversary of death — the “Alternate Valuation Date.” Pick…
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Selecting a Guardian
If you have minor children, the most important reason to plan your estate is to ensure proper provisions are made for your children. While it can seem overwhelming to deal with all the issues involved, consider what would happen if you died with no provisions. At that point, your children’s guardian would be determined by…
Long-Term Growth: Why It’s So Important to Get It Right
When appraisers select from the menu of appraisal techniques, the income approach is a popular choice. This technique derives value by converting anticipated economic benefits into their net present value. Long-term sustainable growth is a key ingredient. Capitalization of Earnings Method Here’s the “recipe” for valuing a business under the income approach, when the subject company’s earnings…