Many if not most Estates hold real estate as a significant
part of their assets. There are a number of reasons that the Administrator or
Executor of an estate may require an Estate Settlement Evaluation of such
assets. In some cases, a retrospective evaluation may be required of real
estate being held in or transferred from an estate. This retrospective date is
usually the date of death. This may be especially important if the property is
transferred to an heir at some date distant to the date of death of the
benefactor. Evaluations may also be required if real estate is to be
distributed to heirs, where allocations must be made based upon the value of
the real property. Whatever the reason, when an Estate Settlement Evaluation or
Appraisal is required, an appraiser possessing a thorough understanding of the
estate settlement process should be selected.
At ELLIOTT®, we understand Estates. We appraise properties
nationally and are ready to discuss what we can do to help you solve your
Estate Settlement Evaluation needs. Please give us a call.