Asset Valuation & Discounts

Know the value. Reduce the risk. Preserve your legacy.

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Why Asset Valuation & Discounts Matter

How assets are valued can significantly affect what your heirs receive—especially when estate taxes are involved. Strategic valuation methods, combined with legally allowed discounts (like minority interest or lack-of-marketability), can help reduce taxable estate value. In Washington, where estates over $3 million may incur a state-level estate tax, these techniques are especially impactful. Meanwhile, in California and elsewhere, these methods support stronger federal estate and gift tax planning.



At Wade Law Offices, we help clients in California and Washington get accurate, defensible valuations and apply appropriate discount strategies. Whether you own real property, a closely held business, or family partnerships, we structure your estate to minimize risk and maximize preservation.

How We Can Help

We deploy valuation strategies that support your entire estate plan:

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Coordinate with licensed appraisers to establish fair market values


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Apply discounts such as minority interest or lack-of-marketability for business holdings


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Utilize Special Use Valuation (IRC § 2032A) for qualifying farms or small businesses


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Integrate valuation strategy with gifting, trust formation, and succession planning


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Align valuation strategies with gifting, trusts, and succession plans

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Prepare robust documentation and defend valuations in IRS reviews or audits


Why Clients Choose Wade Law Offices

Precision, protection, peace of mind.


  • Deep understanding of both Washington and federal rules on valuation discounts
  • Collaboration with CPAs, appraisers, and financial experts to strengthen plans
  • Experience serving high-net-worth families, business owners, and multi-generational estates
  • Emphasis on defensible planning, risk reduction, and preserving family wealth


The right valuation strategy could save your estate thousands—or more.

Frequently Asked Questions

  • What are valuation discounts?

    Valuation discounts reduce the taxable value of certain assets (like a minority business interest) to reflect reduced control or marketability.

  • Can discounts really lower my estate tax?

    Yes. Strategic discounts—when done properly—can significantly lower the value of your taxable estate in Washington.

  • Are discounts legal?

    Absolutely. The IRS allows them, but they must be properly documented and supported by expert valuations.

  • What assets can be discounted?

    Closely held businesses, family limited partnerships, certain real estate holdings, and restricted stocks are common candidates.

  • Do I need a formal appraisal?

    Yes. Proper documentation with support from qualified appraisers is essential to withstand IRS scrutiny.

  • Should valuation planning be done before or after death?

    Before. Planning while you're alive allows more control and more opportunities for structuring discounts.

We’re Ready to Help

Minimize exposure. Maximize control. Protect your wealth for the next generation.