**Are Date of Death Appraisals Used for Probate Purposes?** When a loved one passes away, their estate often must go through a legal process known as probate. This process ensures that the deceased’s assets are properly distributed to heirs or beneficiaries and any outstanding debts or taxes are addressed. One important aspect of probate is […]

**How Does an Appraiser Determine the Effective Date for a Date of Death Appraisal?** When it comes to estate planning, probate, or settling a loved one’s estate, the valuation of assets at the time of death is a critical step in the process. Appraisers tasked with determining the value of real estate or personal property

**Can a Date of Death Appraisal Be Conducted Years After the Date of Death?** When a loved one passes away, their estate often requires a formal appraisal of assets to determine their value at the time of death. This “date of death appraisal” plays a critical role in settling the estate, calculating taxes, and ensuring

**What Factors Impact the Valuation in a Date of Death Appraisal?** When determining the value of an estate after the passing of a loved one, a date of death appraisal plays a critical role. This appraisal establishes the fair market value of an individual’s assets as of the date of their death, serving as a

**Who Typically Orders a Date of Death Appraisal?** A date of death appraisal is a critical tool used to determine the fair market value of a property or asset as of the date of an individual’s passing. This valuation is essential for various legal, financial, and tax purposes, particularly when settling an estate. But who

**What Documentation Is Required for a Date of Death Appraisal?** When an individual passes away, their estate often requires a detailed appraisal to determine the fair market value of various assets as of the date of their death. This process, known as a “date of death appraisal,” is a critical step in estate planning, probate

**Understanding the Differences: Date of Death Appraisal vs. Standard Real Estate Appraisal** When it comes to real estate appraisals, most people are familiar with their role in buying, selling, or refinancing a property. However, not all appraisals serve the same purpose. A date of death appraisal, for instance, differs significantly from a standard real estate

**How Have Appraisal Ethical Measures Improved Since 2025?** The field of appraisal, integral to industries such as real estate, finance, and insurance, has undergone significant ethical transformations in recent years. Since 2025, advancements in technology, global collaboration, and increased regulatory oversight have collectively reshaped the landscape of appraisal practices. These changes aim to address long-standing