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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
Leeper 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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