Jacksonville, FL asked in Probate for Florida

Q: FLORIDA PROBATE INTESTATE Is the PR required to have state certified appraisals on real estate for INVENTORY LIST?

There are 4 real-estate properties plus the homestead house.

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1 Lawyer Answer
James Clifton
James Clifton
  • Probate Lawyer
  • Fayetteville, GA
  • Licensed in Florida

A: There is no legal requirement that the personal representative have appraisals done on the property at the time of filing the inventory unless ordered by the judge. However, if there is any doubt as to the value asserted in the inventory, you will want to file an object to the inventory asserting the value you believe the real estate to be worth. You will need evidence, like an appraisal, broker price opinion, or other professional valuation, to support your objection. Schedule a free consultation to ensure that the estate is being valued fairly for all heirs.

Terrence H Thorgaard agrees with this answer

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