{"id":12298,"date":"2013-01-09T23:45:19","date_gmt":"2013-01-10T04:45:19","guid":{"rendered":"https:\/\/www.certitrek.com\/nebb\/what-nobody-ever-tells-attorneys-about-their-clients-machinery-and-equipment\/"},"modified":"2022-12-21T07:06:20","modified_gmt":"2022-12-21T12:06:20","slug":"what-nobody-ever-tells-attorneys-about-their-clients-machinery-and-equipment","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/what-nobody-ever-tells-attorneys-about-their-clients-machinery-and-equipment\/","title":{"rendered":"What Nobody Ever Tells Attorneys about Their Clients\u2019 Machinery and Equipment"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start\" style=\"max-width:1144px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p>Did you know that your client\u2019s machinery and equipment has a value that can substantiate, strengthen, or even lose the most successful case in court? After all, if you rely on a guess, a depreciation schedule, or an uncertified auctioneer or dealer to determine a value, it\u2019s inaccurate and will not hold up to scrutiny with the IRS, courts, or lenders.<\/p>\n<p>How can you use an accurate value of your clients\u2019 machinery and equipment to your advantage? There are at least 20 ways an accurate, substantiated, irrefutable, and defensible value of machinery and equipment can be of help to you and your clients. Here are just a few of the ways:<\/p>\n<ul>\n<li>Loans \/ Leases<\/li>\n<li>Property Taxes<\/li>\n<li>Insurable Value<\/li>\n<li>Divorce<\/li>\n<li>Converting From C to S Corp<\/li>\n<li>Cost Segregation<\/li>\n<li>Taxes<\/li>\n<li>1031 Exchanges<\/li>\n<li>Trust Agreements<\/li>\n<li>Buy\/Sell Agreements<\/li>\n<li>Estate Planning<\/li>\n<li>Bankruptcy<\/li>\n<li>Retirement Planning<\/li>\n<li>Partnership Dissolution<\/li>\n<li>Strategic Planning<\/li>\n<li>Litigation Support<\/li>\n<li>GASB 34<\/li>\n<li>Sarbanes-Oxley<\/li>\n<li>Collateral<\/li>\n<li>Gifting<\/li>\n<\/ul>\n<p>You don\u2019t want your client\u2019s divorce or partnership dissolution to exclude the value of their machinery and equipment because the opposing counsel has a certified machinery and equipment appraisal to rely upon and you don\u2019t. A certified machinery and equipment appraiser\u2019s professional credentials will withstand a Daubert challenge.<\/p>\n<p>An appraisal report from a certified machinery and equipment appraiser (CMEA) arms you with an irrefutable, defensible, and substantiated value of machinery and equipment that will prevail before the IRS, courts, lenders, attorneys, CPAs, and others. And when working with a CMEA, you know that you are receiving a report consistent with the Uniform Standards of Professional Appraisal Practice (<a href=\"https:\/\/nebbinstitute.wordpress.com\/2010\/06\/24\/2010\/05\/20\/what-is-uspap\/\">USPAP<\/a>). In fact, the IRS may disallow a filing because there is not a certified appraisal report that substantiates equipment values.<\/p>\n<p>Contact <a href=\"http:\/\/nebbinstitute.com\/contact\/\">the NEBB Institute<\/a> to find out the difference between a <a href=\"https:\/\/nebbinstitute.wordpress.com\/2010\/06\/24\/2010\/04\/28\/the-difference-between-certified-and-non-certified-appraisals\/\">\u201ccertified\u201d appraisal report and an \u201cuncertified\u201d appraisal report<\/a>.<\/p>\n<p><em>The <a href=\"https:\/\/www.certitrek.com\/nebb\/\">NEBB Institute<\/a> endorses and strives to observe the highest standards of professional ethics to preserve the public trust inherent in the professional appraisal practice. The Institute provides initial and monthly comprehensive education, ongoing support, and a dynamic international network, and certifies professionals in the art of machinery\/equipment appraisal and brokerage.<\/em><\/p>\n<p>By: <a href=\"http:\/\/nebbinstitute.org\/\">NEBB Institute<\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Did you know that your client\u2019s machinery and equipment has a value that can substantiate, strengthen, or even lose the most successful case in court? After all, if you rely on a guess, a depreciation schedule, or an uncertified auctioneer or dealer to determine a value, it\u2019s inaccurate and will not hold up to scrutiny [&#8230;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[371,372,373,318,163,374,92,375,376],"class_list":["post-12298","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-1031-exchanges","tag-attorney-and-cmea","tag-bankruptcy","tag-buy-sell-agreements","tag-collateral","tag-converting-from-c-to-s-corp","tag-cost-segregation","tag-dissolution","tag-divorce"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.13 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Attorneys about Their Clients\u2019 Machinery and Equipment<\/title>\n<meta name=\"description\" content=\"How can you use an accurate value of your clients\u2019 machinery and equipment to your advantage? 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