fjshafirmark
Junior Member
What is the name of your state? New York
I am executor for my daughter’s estate. How can I properly assign the values to her personal property (clothing, shoes, furniture, jewelry, books, old TV set, etc)? All these items are used for a number of years and actually have no resale value. Since I reside in a different state it will cost more to do something like yard sale than actual money such sale could bring in. What could be considered as a good proof for the Probate Court that the values I assigned are fair? Would “It’s deductible” software from TurboTax, used to determine the values for charitable contributions, be a good source to get these values?What is the name of your state?What is the name of your state?
I am executor for my daughter’s estate. How can I properly assign the values to her personal property (clothing, shoes, furniture, jewelry, books, old TV set, etc)? All these items are used for a number of years and actually have no resale value. Since I reside in a different state it will cost more to do something like yard sale than actual money such sale could bring in. What could be considered as a good proof for the Probate Court that the values I assigned are fair? Would “It’s deductible” software from TurboTax, used to determine the values for charitable contributions, be a good source to get these values?What is the name of your state?What is the name of your state?