Estate & Date of Death Appraisals
Arizona Appraisers You Can Trust
With over 60 years of experience, we have the knowledge, expertise, and experience to provide you the most timely and accurate appraisal report.
Our thorough valuations leave no stone unturned, giving you the confidence that your property was appraised accurately.
Arizona Estate & Date of Death Appraisals
Losing a loved one is never easy. As if it isn’t hard enough to grieve in peace, death may also come with unwanted visitors in the form of estate settlements. These added responsibilities tend to bring stress and burdens at the most inopportune times. To alleviate these financial responsibilities and tasks, many families turn to certified appraisers to conduct estate and date of death appraisals.
Estate and date of death appraisals help determine the Fair Market Value of an estate’s assets at the time of the estate owner’s death. These valuations can be used for real property or personal property. Although estate appraisals are primarily used for tax purposes, they can also provide insight as to what assets might be worthless, what might produce more income, and what assets should be insured.
Estate appraisals are usually completed after the estate owner’s date of death. A general rule of thumb is that these appraisals are usually ordered between 2-6 months following the death or inheritance of a loved one. This is known as a “retrospective appraisal.” In addition to retrospective appraisals, current value appraisals may also be ordered. Current value appraisals help determine the current market value of assets that are to be sold or settled between inheritors.
Anyone involved in the estate settlement may order an estate and date of death appraisal. However, these are usually ordered by the estate’s executor or a family member, but depending on the circumstances, they may also be ordered by an accountant or lawyer. When such appraisals are ordered, it’s imperative that they are completed by a licensed estate appraiser, such as One Appraisal Group. Otherwise, the estate’s assets could be improperly valued, which could result in negative financial consequences.
One Appraisal Group has over 60 years of experience in dealing with a plethora of appraisal types, especially estate and date of death appraisals. Our experience, accuracy, and turnaround time have made us one of Arizona’s go-to appraisers for estate and date of death appraisals. If you are in need of an estate appraisals, contact us today to learn more about the process or receive a free quote.
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If you have any questions about specific appraisals or want to schedule a free consultation, contact us from one of the methods listed below.
- (480) 382-2362
- Mon - Fri: 8:00 AM - 5:00 PM
- 11201 N Tatum Blvd, Suite 300, Paradise Valley, AZ 85028
- [email protected]