Date of Death/Estate Appraisal

Discover the importance of Date of Death Appraisals, also known as Date of Death Valuations, when it comes to estate settlements. These specialized appraisals provide crucial information for determining income/estate tax liability, asset disposition, and probate proceedings.

At Titan Consulting, we specialize in providing accurate and comprehensive Date of Death Appraisals tailored to the unique needs of estate attorneys, accountants, executors, and other parties involved in estate settlements.

Why Choose a Date of Death Appraisal?

Real estate values are dynamic and ever-changing, requiring the expertise of a skilled appraiser to determine the property's worth on a specific date in the past. Unlike publicly traded assets, historical public data for real property is unavailable, making it essential to hire a local appraiser with expertise in evaluating past comparable properties and market trends.

Our Date of Death Appraisal Services:

Specialized Expertise and Training: Our team of appraisers possesses specialized expertise and training to accurately assess property values for specific dates in the past.

Local Experience: With years of experience serving the Phoenix Metro area, we have an in-depth understanding of the local real estate market, enabling us to provide accurate and reliable appraisals.

Effective Research: We conduct thorough research, analyzing comparable sales and market conditions, to ensure our appraisals meet the highest professional standards and comply with the requirements of taxing authorities and courts.

Confidentiality and Professionalism: As professional appraisers, we uphold the highest standards of confidentiality and professionalism, adhering to the Uniform Standards of Professional Appraisal Practice (USPAP).

When Should You Schedule a Date of Death Appraisal?

To ensure a straightforward and accurate determination of property value, it is recommended to schedule a Date of Death Appraisal within six months following the date of death. Typically, Date of Death Appraisals are ordered between 2-6 months after an individual's passing.

Why Do You Need a Date of Death Appraisal?

A Date of Death Appraisal is essential for calculating estate tax liabilities related to real estate. Even if the property's value falls below the federal estate tax exemption, the complex tax code necessitates a professional appraisal. Delaying the appraisal for several years can complicate the process and increase costs.

For properties transferred or gifted to new individuals or entities, establishing a "basis" is crucial for measuring future capital gains, losses, or estate taxes. Consultation with a tax professional or attorney is advisable for further guidance on estate settlement matters.

Schedule Your Date of Death Appraisal

Take the first step towards an accurate and reliable Date of Death Appraisal by exploring our website, reviewing our appraisal services. When you're ready to schedule your appraisal, contact us. Our dedicated team is committed to providing exceptional service and precise property valuations tailored to your needs.