Partial Interest, Estate & Trust Appraisals

Partial Interest/ Fractional Interest

Partial Interest, Fractional Interest or Partnership Interest Appraisals are one of the many services, we at MAC Valuation perform routinely. Whether it be disposition, acquisition or valuation for financial reporting purposes, the complexity of valuing partial interests is nothing to take lightly. The lack of control and marketability concerns are just two of the elements that are critical when appraising fractional interests.

MAC Valuation has assisted General Partnerships, Limited Partnerships, Life Estate, Joint Tenancy and Limited Liability Corporations in the appraisal of fractional interests. When market value is the interest to be appraised the IRS requires a certified appraiser to develop the value opinion. For tax filing purposes you will want a certified appraiser who can credibly develop an appraisal to withstand the often rigorous IRS requirements.

What is an Estate?

An Estate is a financial tool and IRS vehicle to minimize taxes on financial gains. Depending on the amount of an estate and its asset(s) value, appraisals are often required by state and federal law to establish a basis or benchmark for estate planning and estate gifts.

What is a Trust?

A Trust is a document used as a container to pass assets to a successor without probate proceedings.

When do I need seek an appraisal for an Estate or Trust?

As noted above, an appraisal is required by the IRS at the time an Estate or Trust is established and such point when an Estate or Trust is dissolved or transferred to a successor.