People have estate appraisals done for several different reasons. Often the government requires that your family’s personal property belongings be valued for the purpose of estate tax, other times it might be that you want to do the right thing and make sure that the belongings are distributed to the estate’s heirs fairly. Many appraisals are completed to prevent over paying estate taxes by proving what is not in the estate, or proving that the property is not worth as much as other people may think, which could save you from paying too much estate tax.
Estate appraisals are done for the purpose of determining fair market value for everyday things from Aunt Rose’s heirloom painting, the ins and outs of the family’s china hutch and even such things as the contents of the garage or shop. We are experienced in doing complete estates from the top of the attic to the bottom of the basement and everything in-between. During our appraisal process, we professionally catalogue, photograph and prepare a written appraisal which is clear and easy to follow so that you can use it to move forward with decisions on the estate.
The I.R.S. has certain qualifications that must be maintained to be considered a “qualified appraiser.” Nelson’s Appraisals meets these I.R.S. qualifications in this area. We take the time to understand your specific situation and provide you with a positive solution. Contact us for a free phone consultation to see how we can help you.