Estate & Date of Death Appraisal

After the death of a family member or loved one, the process of settling his or her estate can be especially difficult. When emotions are high, and there are pressing, time-sensitive concerns, having a team of professional experts from Connect Appraisal to help guide you through the process ahead will make the transition smoother.

If ownership of your loved one’s property has been transferred to you, an appraisal is needed for tax assessment purposes. This is a time-sensitive issue, and must be handled quickly to meet IRS reporting standards. Estate appraisals are usually ordered two to twelve months after the date of the original owner’s death.

Six Possible Reasons for Estate and Date of Death Appraisals

1. Equitable Distribution. If there is more than one heir, an appraisal of the total property is a required for equal division.
2. Estate Tax. At the date of death, the estate property must be appraised, especially if the overall estate it is more than the value threshold.
   
3. Establish a Stepped-Up Basis. Save on capital gains taxes.
4. Probate Appraisal. A probate appraisal is a court requirement for the appraisal and inventory of the estate assets.
5. Estate Planning. As a property owner, you can plan ahead of time for the distribution, donation, and taxes of your estate.
6. Trust Inventory. Be a part of a well-established trust. A trust inventory will set an established value for your property.

Connect Appraisal knows that people need estate and date of death appraisals for a variety of reasons. We also understand the unique process of determining and planning an estate, as well as the need to have accurate information to help maintain fairness to all parties involved.

Connect Appraisal proves to be a New York and Connecticut top provider of estate and date of death appraisals. We provide a level of service and communication that is personal and unmatched, with nearly two decades of experience in

With Connect Appraisal you can be sure that your property is valued honestly and accurately. Contact us today for details on how we can work together to establish your property’s value and help you prepare to resolve any inheritance based tax implications.

For a Estate & Date of Death Appraisal completed by a professional certified appraiser in New York or Connecticut call Connect Appraisal at: 855 776-5665.