What Are Estate Planning Appraisals?
Settling an estate is not a process many individuals are familiar with, and it’s not as simple as reading a will and executing its directives. Instead, a legal process called probate is involved.
Determining the total value of the estate is a prime goal of the probate process, including, obviously, any real estate. In some cases, estate settlements require court intervention. Add this to the emotional burden of a loved one’s passing, and the benefit of having a professional, reliable appraiser becomes clear.
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What Makes Estate Planning Appraisals Different from Other Appraisals?
- An appraiser assesses the property’s value based on the decedent’s date of passing – rather than the current date.
- The appraiser will closely look at historical market conditions and other factors.
- An experienced appraiser will make an educated assessment no matter how much time has elapsed between the date of passing and the time of the appraisal.
- Helps evaluate an estate’s potential tax burden
- Provides information that assists the probate process and makes any sale or transfers afterward that much easier
Why Choose Authority Appraisals
Accuracy, timeliness, as well as reliable knowledge of the industry and area, are all important for estate settlement appraisals. Our team of experts and on-the-ground experience makes Authority Appraisals a perfect partner for any probate or estate planning process.
We will work with integrity, efficiency and the understanding necessary in these situations. In addition, we are prepared to testify in court on the conclusions of our evaluations.
Authority Appraisals also can offer professional Brokerage Services under our sister company Rhodes & Associates Realty. For more information on our Brokerage services please visit us on the web at www.Rhodes-Associates.com
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