Issue 2_2021_VIEWpoint | Page 4

Valuation and estate planning go hand-in-hand . After all , the tax implications of various estate planning strategies depend on the value of your assets at the time they ’ re transferred .
The COVID-19 pandemic has had a significant impact on the value of many business interests and other assets , which creates some attractive estate planning opportunities . It also presents unique challenges for valuation professionals . As a result , it ’ s more important than ever to involve experienced valuation experts , like those at Doeren Mayhew , in the estate planning process .

Opportunities and Challenges :

Valuation in the Age of COVID-19

Valuation and estate planning go hand-in-hand . After all , the tax implications of various estate planning strategies depend on the value of your assets at the time they ’ re transferred .
Bruce Knapp , CPA , ABV , CFF , CVA , CFE Shareholder , Valuation and Litigation Support
The COVID-19 pandemic has had a significant impact on the value of many business interests and other assets , which creates some attractive estate planning opportunities . It also presents unique challenges for valuation professionals . As a result , it ’ s more important than ever to involve experienced valuation experts , like those at Doeren Mayhew , in the estate planning process .
2 VIEWpoint Issue 2 | 2021