subject: What's The Difference Between Insurance And Estate Appraisals? [print this page] It is recommended that insurance records be updated every few years to reflect the changing values of jewelry. Estate appraisals are usually not completed until probate, although in some cases it may be advantageous to have them earlier, such as in the case of trusts, where by establishing a higher tax basis now, the tax liability for beneficiaries may be less at the time of distribution.
What's The Difference Between Insurance And Estate Appraisals?
By: Nick Messe
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