Gift & Estate Tax Planning

WVA’s professionals have an average of more than 25 years of experience in the preparation of business valuations for gift and estate tax planning purposes. During the time we have spent working with attorneys, CPAs, financial planners and other estate planning professionals, WVA has developed a clear understanding of the rules and regulations impacting taxpayers and taxing authorities, particularly with respect to issues involved in the valuation of closely-held business interests.

WVA has extensive experience providing valuation opinions for fractional ownership interests in operating companies, real estate holding companies, and investment companies for estate planning and tax purposes. Such analyses typically reflect discounts to the underlying net asset value of the subject investments.

We assist our clients through all phases of the valuation process, including audit and U.S. Tax Court proceedings, and work with the client’s accountants, attorneys, and estate planning professionals toward successful resolution of the issues that arise during the assignment.

In addition to providing a valuation opinion, WVA will analyze the feasibility of various estate and tax planning strategies, review draft documents and agreements and recommend structural changes to maximize the client’s planning objectives.

WVA is careful to prepare a thorough, thoughtful analysis evidenced by a well-documented narrative report as the best means to withstand the scrutiny of the Internal Revenue Service or other regulatory agencies. WVA stands prepared to support its analysis upon audit or other challenge. In the vast majority of such situations, WVA has helped to bring the matter to a successful resolution.

Valuations prepared by WVA for gift and estate tax planning purposes meet IRS reporting requirements for 706 and 709 filings and are prepared in accordance with Revenue Ruling 59-60.