Handling estate settlements requires expertise, precision, and compassion. At Kennamer Appraisals, Inc., we specialize in providing reliable, retrospective appraisals that align with the Uniform Standards of Professional Appraisal Practice (USPAP), ensuring full confidentiality and accuracy. Our appraisals meet legal standards and offer the substantiated market value needed for IRS and state filings, even if the required appraisal date differs from the date of death. With our detailed, IRS-compliant reports, executors and families can trust they have a thorough valuation, providing peace of mind during a challenging time.
Date of Death Valuations
In estate planning, probate, and tax situations, understanding the historical value of a property is essential. A “date of death” valuation provides an accurate market value of the property on a specified date, often needed for estate tax filings or asset distribution under a will. In some cases, executors may also select a valuation six months after the date of death, depending on estate requirements.
Attorneys, accountants, and executors across North Alabama trust Kennamer Appraisals, Inc. for these specialized appraisals. With extensive local experience and expertise in analyzing historical market data, we deliver precise, USPAP-compliant valuations that meet the standards required by courts and taxing authorities. Unlike assets like publicly traded stocks, real property values vary widely over time, making an experienced appraiser essential for reliable “date of death” assessments.