04/28/2026
When someone passes away and leaves real estate behind, determining the property’s value is a key step in the probate process.
Probate involves identifying, valuing, and distributing assets, and real estate is often one of the most significant pieces. That’s why an accurate valuation matters.
In many cases, attorneys request a professional appraisal to determine fair market value. This can impact how assets are distributed, potential tax obligations, and proper court reporting.
For probate, properties are typically valued as of the date of death (a retrospective appraisal), using market data from that specific time period.
An independent appraisal helps provide clarity, prevent disputes, and ensure everything is properly documented.
If you’re navigating probate or have questions, Elite Appraisal Group is here to help.
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