For Attorneys

Information for Attorneys

Did you know that your client’s machinery or equipment has a value that can substantiate, strengthen, or lose even the most successful case in court! After all, if you rely on a guess, a depreciation schedule, or an “uncertified” auctioneer or dealer to determine value. It’s inaccurate and will not hold to scrutiny with the IRS, courts, or lenders.

How can you use an accurate value of your client’s machinery & equipment to your advantage?

That’s a great question and we’re glad you asked! There are no less than 20 ways an accurate, substantiated, irrefutable and defensible value of machinery and equipment can be of help to you and your client. Here are just a few ways:

· Loans/Leases, Property Taxes, Insurable Value

· Divorce, Converting From C to S Corp, Cost Segregation

· Buy/Sell Agreements, Estate Planning, Bankruptcy

· Taxes, 1031 Exchange, Trust Agreements

· Retirement Planning, Partnership Dissolution, Strategic Planning

· Litigation Support, GASB34, Sarbanes-Oxley

· Collateral, Gifting

Let’s be honest, you don’t want your client’s divorce or partnership dissolution to exclude the fair market value of the machinery & equipment because the opposing counsel will no doubt have their own Certified Machinery & Equipment Appraisal to rely upon. Heaven forbid you are in court and you’re relying on something other than a Certified Appraisal. Let’s face it...an accurate, irrefutable, defensible value of the equipment is the only solution!

A Certified Machinery & Equipment Appraisal arms you with an irrefutable, defensible, and substantiated value.

What you need to prevail before the IRS, courts, lenders, attorneys, CPAs and others is a Certified Appraisal Report submitted by a Certified Machinery & Equipment Appraiser (CMEA). That way, you are assured you are receiving a report consistent with the Uniform Standards of Professional Appraisal Practice (USPAP), promulgated by Congress. In fact, the IRS will disallow a filing because there is not a Certified Appraisal Report that substantiates equipment values.

Don’t make the mistake of not knowing an accurate value of your client’s equipment. CMEA’s have the experience and required certification to meet the needs of you and your client. Click here to find out the difference between a “Certified” Appraisal Report and “Non-Certified” Appraisal Report. You have nothing to lose and everything to gain.

Text Box: What Nobody Ever Tells You About Your Client’s Machinery or Equipment...

“Your Certified Appraisal Source”