A recent U.S. Tax Court case addressed the valuation of majority interests in five real estate holding companies for estate tax purposes. Estate of Warne involved several valuation issues. Perhaps most significantly, the court held that, when a 100% interest is split for purposes of charitable contribution, its full value is includable in the taxable estate. But the estate’s charitable deduction is limited to the discounted values of the fractional interests received by the charities.

A question that often arises in divorces cases is: To what extent should goodwill be included in the marital estate? The treatment of goodwill varies from state to state. In some situations, it may be necessary to consider legal precedent from other states for guidance. In this article BCC Advisers summarizes a recent appellate court case from Kentucky that addresses this issue.

Both financially distressed businesses and buyers considering acquiring a company in bankruptcy require the expertise of an experienced business valuation professional. These experts can help owners make informed decisions about their troubled company’s future and maximize liquidation proceeds. In this article BCC Advisers explains how business valuation professionals can provide buyers with accurate appraisals of distressed businesses and their assets.

Health care valuations have become particularly challenging during the pandemic. In this article BCC Advisers discusses some of the challenges facing health care and how valuation professionals have adjusted their analyses to cope with market disruptions and uncertainty about the future of this industry. A sidebar highlights a recent increase in cyberattacks targeting health care providers and how investing in measures designed to mitigate financial losses can pay off over the long run.