Date of Death Valuations
Estate tax liability. Disposition of assets under a will or in probate. There are many situations -- none of them lacking stress and complexity -- where you might need an appraisal of property that states an opinion of what the property was worth on a date some time ago, rather than when the appraisal is ordered. For estate tax purposes or disposition of the assets of a decedent, a "date of death" valuation is often required. (Sometimes, the executor of the estate may choose the effective date of the valuation -- but the same principles apply.)

Attorneys, accountants, executors and others rely on Tidewater Home Appraisals, Inc. for "date of death" valuations because such appraisals require special expertise and training. They require a firm that's been in the area for some time and can effectively research comparable contemporaneous sales. Date of Death appraisals differ from typical Market Value appraisals, since the market value of the property will be based on only the information- property condition, comparables, etc.- that was available at the effective date chosen for the appraisal. For example, if the effective date needed is March 30, 2005, then only market information available up until March 30,2005 may be used within the valuation of the property.

Contact us for more information regarding a "date of death" valuation or determining the value of a property at some point in the past.

You need a professional real estate appraiser, bound by the Uniform Standards of Professional Appraisal Practice (USPAP) for a high degree of confidentiality and professionalism, and you need the kind of quality report and work product taxing authorities and courts need and expect. We have years of experience working with loved ones to provide estate appraisals in a compassionate, competent and professional manner.