When a family trust holds a home or other real property, you may need to document its value, decide what happens next, and keep beneficiaries informed. Great Estates makes the valuation piece clear and defensible.
You speak directly with Russell Harrist, the appraiser who reviews the assignment, inspects the property, completes the analysis, and delivers the report.
A successor trustee is responsible for carrying out the trust’s instructions. That may include identifying trust property, documenting values, selling or distributing real estate, and accounting to beneficiaries. The appraisal should match the purpose of the assignment, not simply the title you hold. If you’re also serving as personal representative of a related estate, this article explains which role applies to a given appraisal →
A retrospective appraisal can document what the property was worth on the owner's date of death, even when the report is ordered later.
An independent value gives the trustee and beneficiaries a credible reference point before deciding whether to sell, retain, or transfer the property.
When one beneficiary keeps a property or beneficiaries receive different assets, a defensible valuation can support a fair accounting.
Your attorney or tax professional should advise you on legal and tax requirements. These common situations often call for an independent valuation.
Not sure which applies? Call Russell before ordering. A short conversation can clarify the intended use, effective date, and appropriate scope. Ask a question →
Great Estates provides real estate valuation services and does not provide legal or tax advice. Consult your attorney or tax professional regarding your specific responsibilities.
Tell Russell what the trust needs to accomplish. He’ll help you identify the appropriate valuation before you order.