Tax law update: Hiring an appraiser for your estate
$225.00
Description
Abstract: The fine print of recent law extending the Highway Trust Fund requires large estates to report the fair market value of property at the owner’s death. Many estates will need to hire outside appraisers to comply with the requirements of the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015. This article answers FAQs about statements of value, including who’s affected, why the IRS wants appraisals and when the changes go into effect.
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