Appraising in Delaware, the Blog...

November 1st, 2023 4:06 PM

Trust preparation is a crucial step for anyone who wants to ensure their assets are distributed according to their wishes, protect them from creditors, and minimize estate taxes.

Establishing a trust is a proactive step towards securing the future of your estate, and with the help of a professional, you can ensure that your wishes are upheld. A trust also provides privacy and helps avoid the potential for probate, a time-consuming and expensive process.

Moreover, incorporating trust preparation in your estate planning allows you to provide for your loved ones in a way that aligns with your values and long-term goals.

But the valid key to optimizing the value of your trust lies in accurate asset valuation.

The Importance of Accurate Asset Valuation

Properly valuing your assets plays a vital role in trust preparation. Without it, you risk over or undervaluing your assets, which can impact the distribution of your wealth and potentially hinder the fulfillment of your wishes and goals.

With the help of a professional appraisal, you can accurately determine the fair market value of your assets, maximizing their potential and ensuring that your trust is optimized for success.

By taking the time to prepare your trust and value your assets properly, you set yourself and your loved ones up for a secure and prosperous future.


In conclusion, trust preparation using appraisal services in Delaware is an essential step toward securing the future of your estate. By taking the time to assess the value of your assets properly, you can have confidence in your estate planning decisions and ensure that your wishes are upheld. Trusts provide numerous benefits, including protecting your assets from creditors and minimizing estate taxes. However, to truly optimize your trust, it is essential to incorporate professional appraisals into your planning process.

Our team of experienced professionals is dedicated to helping you achieve your estate planning goals and ensuring the security of your estate. Contact me today at 302-745-1790 to learn more about our services and how we can assist you in trust preparation.

October 17th, 2023 7:12 PM

What is trust preparation?

Trust preparation involves creating a legal entity, known as a trust, to hold and manage your assets for the benefit of your chosen beneficiaries. It allows you to dictate how your assets are distributed, minimize estate taxes, and protect your assets from creditors.

Why is trust preparation essential?

Trust preparation is essential for individuals who want to ensure their assets are distributed according to their wishes. It provides a level of control and flexibility that other estate planning tools may not offer.

What is an appraisal?

An appraisal is a professional assessment of the value of a specific asset or property. It is conducted by a qualified appraiser who takes into account various factors such as market conditions, comparable sales, and the condition of the asset.

How does an appraisal enhance trust preparation?

By obtaining appraisals for your assets, you can accurately determine their fair market value. This information is crucial for effective trust planning as it ensures your assets are correctly accounted for and distributed in alignment with your estate planning goals.

Do I need an appraisal for every asset I include in my trust?

While it is advisable to obtain appraisals for high-value assets, such as real estate, it may not be necessary for every asset. It is best to consult with an experienced estate planning professional who can guide you on which assets require an appraisal.

How often should I update the appraisals for my assets?

It is recommended to review and update appraisals regularly, especially for assets that are subject to significant fluctuations in value. Changes in market conditions, improvements or damages to the property, or changes in the purpose of the asset may warrant an updated appraisal.


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