San Francisco
Inheriting residential property
When a home or other residential property passes to an heir or beneficiary and a clear value is needed for the decisions ahead.
An inherited property can create several decisions at once: whether to keep it, sell it, transfer it, rent it, or divide its value among beneficiaries.
San Francisco estates frequently involve long-held homes, condominiums, two-to-four-unit buildings, tenant-occupied property, altered living areas, and properties with highly specific neighborhood appeal.
An independent appraisal gives the people handling the estate a documented value for the relevant date, while attorneys and CPAs determine how that value should be used.