Estate & Gift Tax

Why work with a qualified appraiser?

When deciding the future of a closely-held business, it’s important to develop a plan that fosters continuity and ease of transition to the next generation of owners. Specializing in business valuation for Estate and Gift tax matters, South Park Advisors will work closely with your attorney, wealth planner and other trusted advisors to better plan for the future, minimize taxes and maximize your family’s wealth. We’ll do our part to assist in preserving your life’s work; if 50 percent or more of your wealth is tied up in a closely-held business, a reliable, independent valuation by a qualified professional may be a critical component to formulating an effective estate plan.

As you plan for ownership transition and wealth preservation, South Park Advisors will work to analyze and value the company to assist in determining your tax liability, which is falling under increased IRS scrutiny. We’ll diligently work to stay up-to-date with the latest revenue rulings and procedures, and court cases regarding tax valuation matters. Tax rules, regulations and compliance are constantly evolving. With South Park Advisors, you can be assured you’ll receive a professional business valuation that can withstand scrutiny and review.

How South Park Advisors can help

We’ll work with your team of advisors to provide business valuation services for:

  • Gifting of shares or interests in closely-held corporations, limited liability companies or partnerships.
  • Investment holding companies with portfolios containing real estate, marketable securities, or other closely-held business interests.
  • Securities donated to charitable foundations and organizations.
  • Determination of built-in gains (C-corporation to S-corporation conversions).
  • Stock options issued to employees as compensation (Section 409A).

All of our valuations adhere to professional standards established by the American Society of Appraisers and the Uniform Standards of Professional Appraisal Practice.  A proper valuation will help form the foundation for the entire estate planning process. Hiring a third-party appraiser to estimate the market value of your business will assist in meeting your estate planning goals, and will provide the baseline for understanding which planning strategies will work best for your business.

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