One-of-a-Kind Assets Require a Unique Valuation Approach

As the estates of Michael Jackson and J.D. Salinger illustrate, taxpayers and the IRS often disagree about the fair market value of unique assets — such as copyrights, patents and private business interests — after the owner dies. Fortunately, an independent, qualified appraiser can prepare a written report that improves an estate’s chances of surviving IRS scrutiny… Read More