Estate Valuation

The need for appraisals for estate and probate purposes is expected to increase. Estimates of the billions of dollars to be inherited by baby boomers are regularly featured in the media, with many of these assets real property. Given the recent popularity of living trusts, and the sophisticated tax deferral methods of affluent individuals, appraisals are needed both for tax planning purposes prior to a property owner’s death, and for settling an estate after death. CJM offers appraisal services to assist in valuation of clients’ real property assets.