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Question DetailsAsked on 8/11/2015

In Overland Park kansas who do you use to appraise content of a house when someone dies for an estate

Value of assets of someone's estate no the house just the things in the house

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Answered 4 years ago by Member Services

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Appraisals - Antiques, Jewelry, Items is your Search the List category.


If being done for the Estate valuation or for deduction of charitable gifted items, has to be done by someone with the qualifications (which have to be submitted with the appraisal) and per IRS rules.

Estate attorney should be able to help finding a good local one, and get guidance form attorney or estate tax advisor on the detail needed - certainly valuable items have to be detail appraised, things like clothing and kitchen goods and such are generally lumped into categories.


You need a detailed inventory appraisal - both for the IRS and state Estate Tax purposes, but also if items are being distributed to beneficiaries (especially if valuable or non-consumable) the estate appraisal is what establishes the new cost basis of the items - they are "bumped up" to date-of-death valuation, so if they are ever sold the official estate appraisal is what will determine the "cost basis" from which taxable profit is figured.

Answered 4 years ago by LCD




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