Valuation for Family Wealth Management and Estate Planning

A well reasoned and well documented valuation is an essential part of successful family wealth management. Hilliard Lyons’ business valuation professionals have significant experience in preparing supportable and credible valuations for gifting, estate planning and charitable donation purposes. Transfers of interests in family limited partnerships and limited liability companies are routinely challenged by taxing authorities, and in the current economic and political environment, heightened scrutiny can be expected in the future. We work alongside estate planning professionals to fully understand operating and partnership agreements, as well as the risk characteristics of an entity’s assets and liabilities. This analysis is the foundation for a supportable assessment of the degree of control and marketability inherent in the subject interest.

Typical valuation assignments in family wealth management and tax compliance
engagements include:

  • Shares of family owned businesses
  • Shares restricted by securities laws or subject to block size issues
  • Non-voting stock
  • Interests in asset holding companies such as family limited partnerships and limited liability companies
  • Preferred stock and securities with conversion features
  • Stock options and other equity linked instruments