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Losing a family member can be difficult, and if you are responsible for liquidating their estate, it can be a daunting task. If you want to liquidate an estate quickly and in the most financially sound way, there are several helpful tips that you can use.
An appraised value for insurance may be significantly higher than an appraised value for planned future sale, which can be baffling and difficult to comprehend without a familiarity with the different levels of the market. It can sometimes be present in insurance policies, although in my experience it is much less frequently encountered.
Having no estate plan in place is easily the worst scenario. In this situation, a collection is likely to fall under the control of an executor who may choose to liquidate the collection altogether to allow for an equitable distribution of assets. distributed between three heirs? However, there are limitations to this process.
Having no estate plan in place is easily the worst scenario. In this situation, a collection is likely to fall under the control of an executor who may choose to liquidate the collection altogether to allow for an equitable distribution of assets. distributed between three heirs? However, there are limitations to this process.
However, in order to determine the fair market value of those assets and comply with your state’s inheritance and estatetax requirements, it is recommended that you obtain an appraisal from a qualified and accredited appraiser. Contact us today by calling 410.871.2017 The post Do You Need An Appraiser for Probate?
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