Stout was hired to performance valuations of approximately 50 assets for the estate of a retired partner of a private equity firm. The estate included real property, interests in operating business, private equity fund interests, and other securities. The client chose Stout because of our ability to execute all necessary valuations in house, our experience with valuations for taxable estates, and our ability to handle a large number of valuations at one time. Our valuation for this estate underwent an IRS audit, including discussions with the IRS, and resulted in nominal changes to the valuations.