Valuing Assets in Your Estate
When it comes to planning for the future, it’s essential to understand what will happen to your assets after you pass away. The process of valuing and distributing assets after death is part of probate — a legal procedure that ensures your estate is properly administered. In Maryland, probate follows specific state laws and procedures,
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Valuing Assets In An Estate
One of the first steps of estate management is determining the value of the estate. This is an important part of settling a decedent’s estate, and an especially important step during probate proceedings. When valuing an estate, assets can be either real property or personal property. Real property includes real estate, like a house or
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