Estate/Tax NEXUS Appraisal

Estate/Tax Appraisal
A professional Nexus Appraisal can help you decide if you should sell it or keep it? It pays to know the value of the property own or inherit — whether you need to purchase insurance, divide up your assets, value an estate or determine the worth of charitable tax deductions. In many cases, an appraisal is required. Although many inheritors think they can go on the internet and find out the value of a property, the truth is the internet offers limited information and many times the information is dated and not current to the effective date of the appraisal. There’s rarely enough detail to make an apples-to-apples comparison, almost everyone who inherits finds out a property can be worth more or less than they thought.
To figure out what a property is worth in an estate process, attorneys, accountants usually require an appraisal to establish Fair Market Value for the property involved. Often, the date of death differs from the date the appraisal is requested. We know the procedures and requirements necessary to perform a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of death and, of course, all appraisals are done with confidentiality and discretion.