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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 Ray Underhill 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 rersearch comparable contemporaneous sales. I have heard from some appraisers its only an "Estate Appraisal" but they do not realize its could be audited by the IRS and they are held responsible for the content of that report.  Since Ray lives in Crestwood Village a 55+ community he knows the area and market. He has had experience in The Crestwood Villages, Cedar Glen West, Cedar Glen Lakes, Holiday City and Leisure Village to name a few. Ray can handle you estate needs for valuation purposes.  One less worry.    

 

 

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.