Date of Death Appraisal
A Date of Death Appraisal can assist with determining estate tax liability and disposition of assets under a will or in probate.
Appraisal of What the Property Was Worth on a Date in the Past
Varied situations can arise that need an appraisal of property value at a date some time ago, usually due to the death of the homeowner. Many of
A Date of Death Appraisal - or Date of Death Valuation - is often needed in these cases.
Real property isn't like publicly traded stock or other items because it fluctuates in value, and no historical public data is available. Because of this, it's important to hire an appraiser with expertise and experience in your local area to correctly evaluate past comparables and market trends to give you an accurate appraisal valuation.
Date of Death Appraisal Requirements
Date of Death Appraisal requirements include:
You need a professional real estate appraiser, bound by the Uniform Standards of Professional Appraisal Practice (USPAP) for a high degree of confidentiality and professionalism, and you need the kind of quality report and work product taxing authorities and courts need and expect.
Attorneys, accountants, executors and others rely on Master Appraisal Services for Date of Death Valuations.
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