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Estate Tax Valuations    and Appraisal Update ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
IRS Statistics ,[object Object],[object Object],[object Object],[object Object]
IRS Statistics – Estate Tax ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
IRS Statistics – Gift Tax ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
IRS Statistics – California Tax ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
4 Main Federal Estate Tax Reform Bills ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Planning During Economic Turmoil ,[object Object],[object Object],[object Object],[object Object],[object Object]
The Economic Downturn has  Affected Valuation Inputs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Current Economic Downturn  Requires Us to Revisit What  “Fair Market Value” Means… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Valuation Issues Relating to First vs. Second to Die   ,[object Object],[object Object],[object Object]
Entity Level Discounts ,[object Object],[object Object],[object Object],[object Object],[object Object]
Entity Level Discounts ,[object Object],[object Object],[object Object]
Subject Interest Discounts ,[object Object],[object Object],[object Object],[object Object],[object Object]
The New World We Work In…. Application of Discounts ,[object Object],[object Object],[object Object],[object Object],[object Object]
Discounts for Lack of Control ,[object Object],[object Object],[object Object],[object Object]
Discounts for Lack of Marketability ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Discount for Lack of Marketability  vs. Lack of Liquidity – Degree of Marketability ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Judge Laro’s Mandelbaum Factors that Affect Marketability Discounts –  used in the  benchmarking analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Computation of Discounts for  Multi-Level Entities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Computation of Discounts for  Undivided Fractional Interests ,[object Object],[object Object],[object Object],[object Object],[object Object]
Comments From Honorable David Laro (U.S. Tax Court) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Comments From Mike Gregory…  IRS Territory Manager, St. Paul “Common Errors in Valuation – Bullet Proof  Valuations” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Valuations for Charitable Giving ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Valuation of Life Insurance Policies ,[object Object],[object Object],[object Object],[object Object]
What To Remember From This Presentation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Estate Tax Valuations and Appraisal Update

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