Why You Need a ‘Date of Death’ Appraisal
A ‘date of death’ appraisal determines the fair market value of real estate as of the exact date a property owner passed away. This valuation plays a critical role in estate administration, tax reporting, and establishing a step-up in basis for heirs. Because the effective date is retrospective, accuracy and proper documentation are essential.
Estate Attorneys: Why you Need an Appraisal During Probate
Probate can be a complex and time-sensitive process, and accurate real estate valuation is often one of the most critical elements. Estate attorneys know that disputes over property value can delay settlements, increase legal costs, and create tension among beneficiaries. Partnering with a professional appraiser ensures that valuations are objective, well-supported, and defensible.