Gift tax valuation is a critical process in the United States used to determine the fair market value of assets transferred as gifts. This valuation is necessary to comply with IRS regulations and to calculate any applicable gift tax liabilities. It applies to various asset types, including real estate, business interests, and personal property. Accurate gift tax valuation ensures transparency, helps prevent disputes, and supports effective estate and financial planning. Professionals conducting these valuations must consider current market conditions, asset-specific factors, and relevant tax laws. Understanding this process is essential for individuals and families looking to make significant, tax-compliant asset transfers.