Court-Ready Inheritance Appraisals in Hollywood

USPAP-compliant Date-of-Death and step-up in basis valuations trusted by heirs, attorneys, and fiduciaries across Los Angeles County.

Step-Up in Basis & Date-of-Death Valuations — Built for Clarity

Inheritance often requires a retrospective (effective date) valuation—typically the Date-of-Death, or the IRS alternate valuation date when elected—to establish basis and document the record for counsel and heirs.

  • ✅ USPAP-compliant, court-ready inheritance appraisals
  • ✅ Retrospective Date-of-Death or alternate valuation date (6-month election)
  • Step-up in basis support with clear effective date and market conditions
  • ✅ Hollywood micro-market expertise (Hills, Los Feliz, Hancock Park, Fairfax)
  • ✅ Rush options (2–3 business days when feasible)

We handle inheritance property valuation across Hollywood—both current and retrospective effective date assignments—including IRS date-of-death value work. Whether you’re an heir seeking an inheritance home appraisal or counsel requesting an estate appraisal, our reports are neutral, USPAP-compliant, and prepared for court and auditor review.

Note: We provide valuation services, not legal/tax advice. Coordinate filings with your attorney/CPA.
Sunlit Los Feliz Spanish Revival facade with arched doorway and climbing greenery

Hollywood Coverage & Nearby Areas We Serve

From Hollywood Hills and Los Feliz to Hancock Park, Beverly Grove, and the Fairfax/Melrose corridor—our inheritance appraisals are documented for basis, Date-of-Death, and alternate valuation date needs across Los Angeles County.

Hollywood Hills Los Feliz Hancock Park Beverly Grove Fairfax / Melrose East Hollywood

Our Inheritance Appraisal Process & Timeline

A clear, court-oriented workflow for Date-of-Death, alternate valuation date (6-month election), and step-up in basis needs—built to serve heirs, attorneys, and fiduciaries.

  1. Intake & scope. Confirm property facts, effective date(s) (DOD or alternate), parties, and access. We align on objectives, deliverables, and timeline.
  2. Document review. Collect prior reports (if any), improvements history, permits/HOA info (condos), and executor/administrator authority docs.
  3. On-site inspection. Full interior/exterior review with photos, measurements, condition notes, and market-relevant features recorded.
  4. Market analysis. Hollywood micro-market comps/listings, retrospective time adjustments, and market conditions commentary at the effective date.
  5. Reconciliation & certification. Applicable approaches to value are reconciled; report includes exhibits and USPAP certifications.
  6. Delivery & support. Secure PDF delivery, prompt clarifications, and (when requested) declarations, rebuttals, or expert testimony.

Typical delivery: 3–5 business days after inspection. Rush options (2–3 days) may be available depending on access and complexity.

What we need to begin (Checklist)

  • Executor/administrator authority docs (if applicable)
  • Effective date(s): Date-of-Death and/or alternate valuation date
  • Access plan & contacts for all involved parties
  • Prior appraisals/reports (if any), seller disclosures (when available)
  • Improvements list with dates/costs; permits and HOA docs for condos

Note: We provide valuation services—not legal or tax advice. Coordinate filings with your attorney/CPA.

Inheritance Appraisal — FAQs

Quick answers for heirs, attorneys, and fiduciaries handling Date-of-Death, alternate valuation date, and step-up in basis needs in Hollywood.

Do I need an appraisal for inheritance?
Often yes—especially to document a Date-of-Death fair market value, or when electing the IRS alternate valuation date. The report supports basis and your records for counsel/CPA.
What is the “alternate valuation date” (6-month election)?
Executors may elect to value the estate at six months after death or at distribution/sale if it reduces estate tax. We set the correct effective date and analyze market conditions for that period.
How does a step-up in basis work with inherited property?
The property’s basis typically “steps up” to fair market value at the relevant effective date. Our appraisal documents the value; your CPA applies the tax rules on gains later.
Is there a California inheritance tax?
No. California doesn’t impose an inheritance tax, and inheritances aren’t CA income. (Income the asset produces later may be taxable—confirm with your CPA.)
What’s the typical timeline and do you offer rush?
Most assignments deliver in 3–5 business days after inspection. Rush options (as fast as 2–3 days) may be available depending on access and complexity.
Which documents help you move faster?
Executor/administrator authority docs, access info, improvements with dates/costs, permits if available, any prior reports, and HOA info for condos.
Do you handle properties with unpermitted work?
Yes. We disclose and analyze market impact using local data and apply appropriate treatment within the report.
What areas around Hollywood do you cover?
Hollywood, Hollywood Hills, Los Feliz, Hancock Park, Beverly Grove, Fairfax/Melrose, East Hollywood—and across Los Angeles County.

Ready for a Court-Ready Inheritance Appraisal in Hollywood?

USPAP-compliant Date-of-Death and step-up in basis valuations with Hollywood micro-market expertise.

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