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Estate Appraisals
Position:
1
An Estate Appraisal is required to determine the value of all Tangible Assets at the time of the decedent's death. In other words, the appraiser has to research for what prices would have been at that time. The appraisal has to specifically state that the values given are as of the date of death of the estate's owner. Furniture, antiques, collectibles, silverware, china, crystal, fine arts, automobiles and any other items of personal property are inventoried, photographed & evaluated for appraisal value. Condition and demand for items influence the appraised values. Again, these values must be determined as of the date of death of the owner of the estate.