The Willamette Management Associates Discount for Lack of Marketability Study for Estate Planning/Estate Tax Valuations
February 1, 2006
Curtis R. Kimball, CFA, ASA
Mark L. Zyla, CPA/ABV, CFA, ASA
liquid as the otherwise comparable common stock of a pub-
The valuation of closely held companies or securities licly traded company. The closely held company stock does
is often a controversial issue in estate tax matters. The not have the same degre ...