Heckerling Institute on Estate Planning

With the largest trust and estate valuation practice in the United States, Stout utilizes a unique multi-disciplinary composition of experts in the valuation of businesses, real property, personal property, and complex securities. This milestone marks the beginning of an exciting chapter that expands the capabilities, resources, and reach of our longstanding real estate valuation practice while further strengthening Stout’s nationwide real estate coverage and complementing its broader suite of services, including valuation of closely held businesses, tax controversy consulting and expert testimony, and FLP/LLC valuation discount studies.

Stout’s proven track record of developing well-documented and supported analyses and reports have withstood scrutiny at all levels for more than 30 years. Stout is known as the premier valuation group in the United States, and some of the wealthiest families in the country have selected Stout for their most significant estate planning transactions, complex valuation issues, and challenging tax disputes.

We look forward to continuing to serve our existing clients and new clients with Stout’s diverse platform of services.

Real Estate Valuation – Trust & Estates – Stout’s real estate appraisal division is national in scope. Licensed in all 50 states and one of the largest valuation practices in the country, Stout can employ experienced appraisers to value any assignment type inclusive of, but not limited to, high-value single family residences, vacant land, hotels, development sites, multi-family buildings/developments, all types of retail uses, office buildings, industrial buildings, golf courses, and net leased assets. Stout has the resources to staff and oversee complex property valuations and portfolio valuations in an efficient, well-researched and documented, and timely manner. Reach out to Sharon Locatell for more information.

Business Valuation – FLP/LLC Discount Studies – Stout’s deep bench of business valuation experts spans multiple industries and disciplines. Stout’s service offerings include the valuation of closely held businesses, FLP/LLC valuation discount studies, valuation of private equity and hedge fund interests, and complex security valuation, including carried interest valuation, preferred stock valuation, restricted stock and blockage discount opinions, promissory note valuation, and buy-sell agreement valuation consulting. Reach out to Aaron Stumpf for more information.

Capitalization and Cost Segregation Services – Stout’s real estate capitalization studies help determine which construction, building improvement, and acquisition costs should be capitalized and depreciated over time rather than expensed immediately. Depending on your holdings, tools like cost segregation studies, repair studies, and fixed asset reviews can be utilized to maximize federal income tax deferral benefits. Through a capitalization study, a company can optimize their tax deductions, accelerate tax depreciation, and increase cash flow on their investments, including acquired, self-constructed, and leasehold improvement property. Reach out to Lee Welborn for more information.

OTHER REAL ESTATE SERVICES

Real Estate Development and Investment Advisory – Stout represents real estate investors and owners by minimizing risks across the entire real estate development lifecycle, including pre-development, design, construction, and closeout phases. Stout’s services include extensive due diligence and procurement during pre-development to identify challenges, establish project controls, and ensure timely financial closing. Stout also provides in-depth construction monitoring and closeout reporting, validating adherence to project goals, budgets, schedules, and contracts while ensuring smooth transitions to occupancy.

Construction Services – Stout provides comprehensive Construction Advisory services to help clients navigate the financial and contractual complexities of design and construction projects. Their expertise includes contract negotiation, compliance reviews, cost control policies, payment application auditing, and construction cost analysis, ensuring transparency and adherence to project goals. Stout also specializes in claims avoidance, dispute resolution, and expert witness services, offering both proactive and reactive solutions to mitigate defined and undefined risks. With deep industry experience across diverse stakeholders and project types, Stout customizes its approach to meet specific client needs and safeguard project outcomes.

Construction Claims Solutions – Stout specializes in assisting commercial policyholders, including owners, real estate developers, and contractors, with the preparation, presentation, and resolution of complex insurance claims for construction-related losses. Stout’s services cover builders’ risk, subcontractor default, liability insurance, and other lines, addressing property damage, project delays, construction defects, and business interruption. Leveraging decades of expertise in claims consulting and forensic accounting, Stout helps clients navigate the claims process, optimize recoveries, and achieve timely resolutions.