How is heritage property assessed and how does it affect...?

An inheritance appraisal is necessary to determine the true value of the inherited property. The assessment is mandatory, as the state inheritance tax is calculated based on the results of this procedure.

The object of heritage assessment can be:

1. Land plot. In this case, social, natural, economic, and political factors are analyzed, that is, those that can affect the value of land. Comparative and cost evaluation methods are used.

2. Securities. In order to inherit securities, the heir must, first of all, use the services of a notary (to confirm the right) and pay the state duty. Securities are a "disputable" inheritance, as their price can change from day to day. Important: Their value can be even zero - in this case, the heir will simply waste money on paying state duty. However, such inheritance has an advantage - it is easy to evaluate (especially if similar papers are traded on the stock market), and therefore the evaluation cost is quite low.

3. Car. In this case, information on how often the car was involved in an accident and its mileage should be provided.

4. Apartment. This option is both the most popular and the most difficult to evaluate. The expert needs to assess not only the condition of the apartment itself, but also, for example, the infrastructure of the area where it is located.

5. Weapons.