Appraisal for Estate Planning
Estate planning appraisals can determine the value of real estate, personal property, and also private business interests including stock, partnership units, etc. In this case, appraisals are required by IRS to verify values claimed on estate or gift tax returns. This process can be very beneficial to help provide the value of the property and items at the current time. Having this type of appraisal also helps the estate planning attorneys to accurately determine the value and distribution of assets as the client directs.