What Is Probate and Estate Settlement Appraisal?

Probate and estate settlement appraisal is a process that entails determining the value of a person’s assets at the time of death. This includes real estate, financial accounts, vehicles, furniture, artwork, jewelry, collectibles—anything that has monetary value. The appraiser must consider the condition of these items as well as current market value when determining their worth.

Why Is Probate and Estate Settlement Appraisal Important?

Probate and estate settlement appraisal is necessary for several reasons. First, it allows executors to accurately account for all assets owned by the deceased at the time of death. Second, it helps executors determine which assets are subject to inheritance tax or other fees. Third, it provides a starting point for distributing assets amongst beneficiaries in accordance with the decedent’s wishes. Finally, it ensures that all assets are distributed according to state law if there is no will or trust in place.

How Does Alpha Appraisal Help?

Alpha Appraisal simplifies this complex process by providing individuals with accurate appraisals based on current market conditions. Our experienced appraisers use a combination of research methods to assess an item’s true worth so that you can be sure you are getting an accurate assessment every time. We also offer free consultations over the phone or online so you can have all your questions answered before making any decisions about your appraisals.

Probate and estate settlement appraisal can be confusing but Alpha Appraisal in Bellevue makes it easy with our experienced team of appraisers. We provide accurate assessments based on current market conditions so you can rest assured that your loved one's final wishes will be properly carried out according to state law. If you are facing probate or estate settlement issues in Bellevue or surrounding areas don't hesitate give us a call today. Our team is here to help make this difficult process easier for you.