Property Appraisal for Estate Settlement

An appraisal may be required in the event of a deceased relative leaving behind an estate. The appraisal can be utilized for the deceased’s final tax return, as well as to divide the home’s value between family members. It is not uncommon for a retrospective appraisal to be conducted to determine the value of the estate at the date of death, which could be years in the past. Current market value appraisals could also be applicable.   
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