Appraising Real Estate Is Our Mission

Honor Your Loved One’s Memory, And We’ll Take Care of the Rest

Our mission is to help you understand the value of the assets you have inherited so that you can make informed decisions about their future. Rest assured that you will have all the resources the IRS requires upon your loved one’s death.

Team Up With a Knowledgeable Estate Appraiser Serving Garden Grove, CA and Surrounding Areas

When it comes to estate planning, there are many things you can do to make sure your family is taken care of after you’re gone. But one thing that often gets overlooked is the value of your estate. That’s where we come in. At Mikkel Kroll Appraisals, we offer date-of-death appraisals in and near Garden Grove, CA. Our estate appraiser can help ensure that your heirs can take full advantage of everything that is rightfully theirs.

Get a “Step-Up” Appraisal

When your loved one passes away, it can be hard to know what to do with their assets. It’s not just a question of whether you’ll need to pay inheritance tax, but also how much their belongings are worth. That’s why we’ve created a simple, straightforward process for appraising the value of your loved one’s estate.

We’ll help you figure out what kind of legacy you want to leave behind and how you can bequeath your wealth in a way that makes sense for everyone involved. We’ll also help you figure out how much property tax will be owed on your home, which most people only think about once it’s too late! You can count on us to act quickly and with as much sympathy for the feelings of everyone left behind.

Our estate appraising process will take stock of the deceased’s:

• Land
• Investments
• Cash
• Properties
• And more! 

In the context of appraising homes for estate or date of death appraisals, a “step-up appraisal” is a type of valuation that determines the fair market value of a property as of the date of the owner’s death.

This type of appraisal is often used to establish the property’s value for tax purposes, as it provides a baseline for calculating any potential capital gains tax liability for the heirs or beneficiaries who inherit the property. The “step-up” in the name refers to the fact that the property’s value is “stepped up” to its fair market value as of the date of the owner’s death rather than being based on the original purchase price or cost basis.

To perform a step-up appraisal, our appraiser will typically examine a variety of factors that can influence the property’s value, including the home’s condition and features, the location and local market conditions, and any recent sales of comparable properties in the area. The resulting appraisal report provides an estimate of the property’s fair market value as of the date of the owner’s death.

Discover the Value of Your Loved One’s Estate

Whenever you need assistance from an estate appraiser in or near Garden Grove, CA, you already know whom to call. Our team comprises experienced professionals with years of experience in this field. They are well-versed in all aspects of estate liquidation. They will provide you with an honest and thorough assessment of the value of your loved one’s possessions.