Member to Member News
Managing Director,
Strategic Partner,
Principals Direct Group

Key trends are reshaping the world in which we live, work, and play. People are living longer, households are getting smaller, and technology is continuously transforming our day to day lives. While urbanizing populations fuel demand for real estate of all types, real estate is affected by local laws and customs that can vary greatly, as well as national regulations that are often evolving. While geographic mobility is increasing, more co-working and activity-based workspaces are on the rise.

As the urban population continues to increase, by 2030 the global middle class is expected to double in size to 4.9 billion, construction output is predicted to grow by 70%, and global real estate investment is expected to reach $710 billion. By this time, the world will need at least 50% more food, 45% more power, and 30% more water than it did 5 years ago. There is a massive shortfall of infrastructure, with $57 trillion needed over the next decade. The impacts of climate change will require more resilient buildings and cities. To be truly sustainable, we need to be trusted and skilled professionals considering economic, environmental, and social outcomes.
Great American has a comprehensive Real Estate practice comprised of experienced professionals that are highly knowledgeable in all aspects of real estate advisory and valuation across the globe SOLUTIONS.

Asset valuation and valuation discounts play an important role in the estate planning process, governing whether and to what extent a client is subject to estate tax. Through the estate planning process, clients can organize ownership of an entity to increase the opportunity to use discounts and to help preserve family wealth by protecting it from unnecessary taxation. When business or real estate interests are involved, estate plans will account for transfer tax liability and estate liquidity.

The valuation process observes financial and market information and must operate within generally accepted valuation principles and parameters set by the IRS and case law. Great American Group can guide you through this process, tackling any issues that arise and protecting your assets. Our team has extensive valuation experience for businesses, real property, personal property, intellectual property, and complex securities. Our expertise covers various geographic regions, industries, and disciplines and can provide trust and estate attorneys, high net worth individuals, family offices, trustees, tax accountants, and asset managers with real-world market information when complex litigation matters arise.

Our Estate Planning services include:
  • Family Limited Partnership (FLP)
  • Limited Liability Corporation (LLC)
  • Grantor Retained Annuity Trust (GRAT)
  • Fractional interests in real property
  • Qualified Personal Residence Trust (QPRT)

Tax minimization strategies often require valuations that meet specific criteria and can withstand scrutiny from internal and external auditors, regulators and taxing authorities. Having a full understanding of the impact of asset valuation is vital to the success of any tax planning strategy. GA has the knowledge, experience, and relationships to help you develop a fully informed plan to assist in managing the complex tax landscape and understanding how taxation authorities will view your strategy.

Our team works with hundreds of companies and conducts thousands of onsite visits each year in order to determine businesses’ true property values. Our clients rely on GA’s expertise and deep knowledge of their industry, business, and property to provide effective valuation and advisory solutions to support their tax minimization strategies.

Neil Axler