Estate and tax
Equine appraisal for estates and tax.
An executor has to put a date-of-death value on the horses, and the IRS will read it.
Who reads it
An executor, a probate attorney, a CPA, and sometimes the IRS. The report has to hold up years after it is written, when nobody involved remembers the horse.
Standard of value
Fair market value as of the date of death, or the alternate valuation date if the estate elects it.
What you get
- A written appraisal tied to a specific effective date
- Valuation of each horse separately
- Comparables sourced to the period, not to today
- Language a probate attorney can file without rewriting
What to have ready
- Date of death, and whether the estate is electing the alternate date
- Registration papers for each horse
- Board, training, and veterinary invoices from the period
- Any sale or insurance figures already on record
Fees and turnaround
Fees run [FEE]. Turnaround runs [TURNAROUND] from the day the last document lands. Rush work is [RUSH].
Other purposes
Tell us about your horse.
Fill out the horse questionnaire and we'll send you a free estimate of its value, before you commit to anything.
Get a free estimate