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Practice Area: Treatises, Estate Planning  Brand: WG&L

Federal Tax Valuation  
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The only reference that analyzes every case and ruling on property valuation for federal tax purposes.

Federal Tax Valuation provides in-depth analysis of fair market value, valuation approaches, valuation in the absence of an active market, minority discounts and the “swing vote” theory, the enigmatic lack-of-marketability discount, and strategies for valuing S corporation stock.

Chapter 1: Introduction
Chapter 2: "Fair Market Value" Defined
Chapter 3: Methods of Determining Fair Market Value
Chapter 4: Discounts and Premiums
Chapter 5: Partial Interests
Chapter 6: Effects of Restrictions, Taxes, and Encumbrances
Appendix A. Prevailing Rates Under Section 7520
Appendix B. Calculation of the Present Value of a Remainder Following an Income Interest for a Single Life
Appendix C. Calculation of the Life Expectancy of an Individual Aged 58
Appendix D. Scorecards of Decided Cases on Family Limited Partnership Discounts
Appendix E. Instances of Phrase “Fair Market Value”


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