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Date of Death Appraisals Virginia

Date of Death Appraisals, often referred to as estate or retrospective appraisals, play a critical role in settling estates and determining property value for tax and inheritance purposes. In Virginia, these appraisals provide an accurate estimate of a property’s fair market value as of the owner’s date of passing—an essential figure for IRS reporting, probate, and distribution among heirs.

Our Virginia-focused articles explore the nuances of this process, from IRS and state requirements to working with qualified appraisers familiar with local market conditions in Northern Virginia, Richmond, Hampton Roads, and beyond. Learn how these valuations affect estate taxes, stepped-up basis, and trust administration, and why hiring a certified, experienced appraiser ensures compliance and peace of mind during a difficult time.