Jacksonville business valuation needed for estate settlement
My mom and dad had one of the largest independent book stores in Florida. For over 50 years they worked in the store as did the 4 children, including myself. My Mom died 2 years after my father passed away and when we heard that there were estate taxes to be paid because the business was worth so much we decided to sell the business. But before we sold we needed a Jacksonville business valuation conducted that would give us a value for tax purposes. They valued the business at $4.3 million. My mom and dad would be so proud, of their accomplishment, but it is a shame that the business high value is making us sell it because of estate taxes.
