Date of Death Valuation

Berge Company Appraisers specialize in date of death valuation, sometimes referred to as step up in basis valuation in the Los Angeles and Orange County areas of Southern California.

Estate tax liability. Disposition of assets under a will or in probate. There are many situations -- none of them lacking stress and complexity -- where you might need an appraisal of property that states an opinion of what the property was worth on a date some time ago, rather than when the appraisal is ordered. For estate tax purposes or disposition of the assets of a decedent, a "date of death" valuation is often required. (Sometimes, the executor of the estate may choose to have the date be six months after the date of death -- but the same principles apply.)

Many attorneys, accountants, executors, private parties and others have chosen and relied on Berge Appraisers for "retrospective" valuations because such appraisals require special expertise and training. They require a firm that's been in the area for some time and can effectively research comparable contemporaneous sales. Berge Appraisers is happy to provide references upon request.

Real property isn't like publicly traded stock or other items which don't fluctuate in value very much or for which historical public data is available. You need a professional real estate appraiser, bound by the Uniform Standards of Professional Appraisal Practice (USPAP) for a high degree of confidentiality and professionalism, and you need the kind of quality report and work product taxing authorities and courts need and expect.

Please browse our website to learn more about our qualifications, expertise and services offered.