The value of an estate is important for tax purposes. There are two estate valuation approaches allowed by the federal government. Below is a look at why it may be better to select one over the other. Calculating Values Fair market value is used for estate asset valuation. For assets such as bank accounts, it’s […]
Category Archives: Estate Planning
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If you are preparing an estate plan, one of the figures that you are likely focused on is the value of your estate. Naturally, the higher the value, the more you are leaving behind to your heirs. If you are not happy with the current figures, there are many different ways to increase the value […]