Today, valuation is an important and highly sophisticated process, and valuators need legitimate guidance to perform their work. This book provides guidance on appraising estate, gift, charitable contribution, income taxes, and purposes for which fair market value is the standard. The Second Edition includes a new chapter on personal versus enterprise goodwill and new information on transfer pricing and customs valuations. Business valuation professionals and estate and corporate attorneys will find this book an invaluable addition to their professional libraries.