Estate Appraisals in CT
Estate appraisals are the process of valuing the assets of a deceased individual's estate for tax and inheritance purposes. Estate appraisals are typically conducted by certified appraisers who specialize in valuing various types of assets, such as real estate, personal property, art, antiques, and collectibles.
The appraiser will determine the fair market value of each asset in the estate, which is the price that the asset would sell for in the current market. The fair market value is used to calculate the value of the estate, which is then used to determine any estate taxes owed.
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