Minot, ND asked in Probate for North Dakota

Q: My mom and dad owned farm land and my dad passed away August 4, 2015. During my dad's probate we had the land appraised.

The appraisal was completed September 9, 2016 and my mom passed away Sept. 15, 2016. Do I need the land appraised again for my mom's probate?

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1 Lawyer Answer

Jim Ed "Jed" Franklin

Answered
  • Probate Lawyer
  • Denver, CO
  • Licensed in North Dakota

A: The obligation of the personal representative of the estate is to determine the fair market value. There is no state requirement for an appraisal. I think that you can feel free to use the appraised value on September 9 to determine fair market value on September 15.

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