Estate Appraisal

What Is It

An estate appraisal establishes the fair market value of a property as of a specific date, typically the date of the owner's passing. This valuation is required for probate court, dividing assets among heirs, calculating estate taxes, and settling the estate properly.

Who Needs It

• Executors and administrators managing a loved one's estate
• Heirs who need an independent valuation to divide assets fairly
• Attorneys handling probate or estate proceedings
• Accountants and financial advisors calculating estate tax obligations

What to Expect

Colton will conduct an inspection of the property and prepare a certified appraisal report establishing value as of the required date. Reports are prepared to meet the standards required for court and legal use. If a retrospective date of value is needed, Colton can research historical comparable sales to support the conclusion.

Why Mid-Tenn Appraisals

Estate situations are sensitive and the paperwork needs to be right the first time. Colton delivers accurate, defensible reports and is available to answer questions throughout the process.