VALUETRACK™ is a set of review solutions addressing the significant compliance and reporting challenges professional trustees face today with closely held business interests. RIC recommends an Initial Portfolio Risk Assessment which organizes an entire book of closely held business interests, summarizes each asset by risk level and provides for a prudent level of ongoing fiduciary oversight.
Employ valuation techniques prescribed by the IRS Revenue Ruling 59-60
Approximates a fair market value indication by employing the techniques prescribed by IRS Revenue Ruling 59-60. Recommended for any interests with substantial monetary value, a controlling ownership position, and for those assets held in accounts where fees are based off market value.
Approximates a fair market value indication by employing the techniques prescribed by IRS Revenue Ruling 59-60. Designed to satisfy the reporting requirements on Form 5498 (IRA Contribution) as it considers all three valuation approaches and applies the necessary shareholder-level discounts.
Whether you are a business owner, attorney, trust officer, accountant, or financial consultant, the need for an objective, third-party opinion of value may present itself in a number of ways, including but not limited to:
Learn how you can mitigate your liability, meet your fiduciary duty and provide a value-added service to your clients. Contact us today to request information or schedule a WebEx demo.