Estate planning is the process of managing an individual’s asset base in preparation of their incapacitation or death. This includes the division of assets between heirs and the settlement of estate taxes. This is spelled out in the creation of a will and trust accounts. With the help of an experienced attorney in estate law, this process is less arduous.

AARP conducted a survey that asked more than 1,000 respondents whether they had estate planning documents in case of their death.

Of those surveyed, 81 percent of adults age 72 or older and 58 percent of boomers (ages 53-71) do have estate planning documents. The results suggest that “as people age… they face the reality of needing to plan for the inheritance of their estate.”

Younger people need to also plan for their financial future. This includes the planning of who will care for their children in the event of their death. Yet, 78 percent of millennials (ages 18-36) and 64% of Generation Xers (ages 37-52) do not have a will. 

The most common reasons for failing to tackle or complete estate planning is:

  • Not getting around to it – 47%
  • Not having enough assets – 29%

You are reading this now, so you are clearly “getting around to it.” We are sure that you would like to have the choice of who will inherit your estate.

How We Can Assist You with Estate Planning

Appraisals of Southwest Florida has a long-standing reputation as one of the leading providers of appraisals for estate and financial planning in Naples, Florida. Our service area extends to all of Collier and Lee counties. We recognize the importance of detail, skill, and focus required to accurately value these types of properties.

Our team of experts guarantees complete discretion, fully understanding the need for privacy and sensitivity when dealing with residential homes. Whether you require the valuation of properties in Naples, Florida, or need to find a qualified appraiser for your properties located outside of Florida, Appraisals of Southwest Florida is equipped to provide the support you need.

Being proactive about estate planning is one of the best decisions you can make for your financial future and the well-being of your loved ones. We encourage you to reach out to us today for a comprehensive appraisal quote and take the first step in your estate planning journey.

If you are looking for help with an estate appraisal, give us a call today at 239-591-6262 or fill out our free quote request form. Our team of appraisal experts will work to provide the best solution for your individual needs. We look forward to helping you navigate the estate appraisal process.

‘Give us a call today with any questions you might have and also check out our ‘Praise’ page and see what others are saying about Kathy Homan and the ‘Appraisals of Southwest Florida.’

Understanding the value of your property is a crucial factor in many of life's most significant decisions. This is where a residential appraisal comes into play. A residential appraisal is a comprehensive analysis that determines the fair market value of a property. It's a vital tool, whether you're applying for a mortgage, considering listing your home for sale, or simply interested in discerning the market value of your property.

Beyond these commonly recognized needs, there are numerous other situations where a residential appraisal can provide invaluable insight. These include:

  1. Estate Planning: Understanding the value of your property can help shape your financial and estate planning strategies, ensuring your loved ones are well provided for in the future.
  2. Financial Planning: An appraisal can aid in making informed decisions about refinancing, investment, or property improvement.
  3. Real Estate Owned (REO) or Short Sale Scenarios: Accurate property valuation is crucial when dealing with distressed properties to ensure you are making a sound financial decision.
  4. Bankruptcy or Divorce Proceedings: A precise, unbiased property valuation is vital in legal situations such as division of assets.
  5. PMI or Mortgage Insurance Removal: An updated appraisal can help you remove private mortgage insurance (PMI) once you've reached sufficient equity in your home.

Appraisals play a significant role in the decision-making process of banks, lending institutions, and individual homeowners. They provide an objective perspective on a property's value, taking into account a multitude of unique features and market conditions.

Our experienced residential appraisers delve into meticulous research, examining specific factors that might influence the value of your home. These include the presence of any recent renovations, needed repairs, upgrades, and both interior and exterior features of the property. An in-depth inspection of the property is also conducted to ensure an accurate and comprehensive valuation.

With Appraisals of Southwest Florida, you're not only getting a service, but you're also gaining the expertise and knowledge of certified residential FHA-approved appraisers with 23 years of experience in the field. Our professionals have the requisite training, proven experience, and the competency to deliver precise and reliable appraisal reports.

So, whether you're selling your home, undergoing legal proceedings, planning for the future, or merely curious about your property's value, an accurate appraisal can provide the insights you need to make informed, confident decisions.

Interested to Know More? 

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