Date of death valuations
Estate tax liability. Disposition of
assets under a will or in probate. There are many situations -- none
of them lacking stress and complexity -- where you might need an appraisal of property that states an opinion of
what the property was worth on a date some time ago, rather than when the appraisal is ordered. For estate tax purposes or disposition of the assets of a decedent, a "date of
death" valuation is often required. (Sometimes, the executor of the
estate may choose to have the date be six months after the date of death -- but the same principles
apply.)
Attorneys, accountants, executors and
others rely on GA Appraisal Services for "date of death" valuations because
such appraisals require special expertise and training. They require
a firm that's been in the area for some time and can effectively research comparable contemporaneous
sales.
Real property isn't like publicly traded
stock or other items which don't fluctuate in value very much or for which historical public data is
available. 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.
Please browse our website to learn more
about our qualifications, expertise and services offered.
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