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Real Estate

My father had several properties and the executor is ordering professional appraisals for every one of them. Isn’t this a bit excessive?

Not at all, it’s actually quite prudent. Not only does he need the right valuations in order to be fair to all the heirs, he needs it as at the date of death, and being that specific in a timely manner can be very tricky. Professional valuations are a modest expense, payable by the estate, in order to ensure the terms of the will are accurately met.

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August 17th, 2022