Settling an estate in Maryland and Washington, DC may require the services of a professional appraiser. Usually, a home appraisal for estate settlement purposes is used by the IRS in the assessment of tax obligations associated with the fair market value of property held in the decedent’s estate.

Often, the date of death differs from the date the appraisal is requested; such cases involve a retrospective appraisal. At Providence Appraisal we are familiar with the procedures and requirements necessary to perform a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of death. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.

We believe that a credible valuation begins with a highly qualified appraiser who is in tune with the local market environment and current sales trends.  We emphasize quality and clarity in our appraisal reports, written in a well-articulated narrative supported by reliable data, so that you may feel confident in meeting IRS and state agency requirements.