Full valuation vs. calculation of value – Which one does your client need?

Description

Abstract: Attorneys engage appraisal experts to provide both full valuations and calculations of value. While the two may sound the same, full valuations are preferable in certain circumstances, such as litigation and estate and gift tax filings. This article describes the information provided in a full valuation that’s not included in a calculation of value. While the latter approach may be preferable in some situations, a sidebar describes one example of courts’ preferences for full valuations.