For the Trustee
A trust appraisal establishes an independent market value for real property held in a trust.
Trustees order the valuation for administration, planning, distributions, and sales from the trust. A documented value protects the trustee when beneficiaries and advisors examine the decisions. When a trust requires the property’s value as of the date of passing, we provide that through our Date-of-Death Appraisal service. The fee follows the property and the assignment, quoted in one short call. Appraisal Services of Oregon prepares every trust value for the review it gets.
Definition
A trust appraisal is an independent, USPAP compliant opinion of market value for real property held in a trust, transferred into a trust, or distributed from a trust.
Trust Events
A trust needs a property appraisal whenever a decision or a record turns on what the real property is worth. Four events bring trustees to us:
Where documented values support the records and reporting the trustee maintains.
Where a fair division depends on knowing what the property contributes.
When a property enters the trust and the advisors want its value on record.
Where the trustee prices from evidence rather than estimates.
Fiduciary Position
Trustees order independent valuations because fiduciary decisions get examined, and an examined decision needs evidence behind it. Beneficiaries may question how a property’s value was determined, advisors review the documentation, and an independent appraisal provides objective market evidence to support the trustee’s decisions.
From a Recent Trust Assignment
Many trust administrations involve distributing different assets among multiple beneficiaries. When one beneficiary receives real property while others receive cash or other assets, an independent appraisal helps establish the property’s market value, providing trustees with objective market evidence to support equitable distribution decisions.
Who It Serves
Trustees, beneficiaries, and the trust’s advisors all rely on the trust appraisal from different positions. Three parties read the same value:
How It Works
Call 503-757-7100 with the property details, the trust event, and any date the advisors direct.
One appointment plus the comparable research, prepared under our standard appraisal process.
A USPAP compliant report the trust’s records, advisors, and beneficiaries all rely on.
The Fee
A trust appraisal is quoted per assignment, following the property and the work rather than a set rate. Six factors decide it:
One short conversation quotes your trust assignment accurately.
Coverage
FAQ
The function differs while the rigor stays identical. A trust appraisal serves a trustee administering property inside a trust; an estate appraisal serves settlement and probate. The same certified standard applies to both, and the right structure gets confirmed at engagement.
Yes, planning and funding events are served with a documented value at the time the property enters the trust. The trust’s attorney directs what the situation requires, and the report records the value the advisors asked for.
Yes, the report names its intended users, and the advisors the trustee designates are named among them. Setting the intended users at engagement keeps the value usable in the records and filings the advisors prepare.
No, the trustee engages the appraisal under the trustee’s own authority. The trust document and the trust’s attorney govern what the role permits, and the finished report gives beneficiaries the evidence rather than a request for permission.
Yes, documented values supporting the records trustees maintain are core trust administration work. The format and the effective date get confirmed at engagement so the value drops straight into the records the trust keeps.
The trust’s attorney or CPA directs the effective date, and we value as of the date they name. When a trust requires the property’s value as of the date of passing, we provide that through our Date-of-Death Appraisal service.
Yes. A trust appraisal reflects the property’s market value as of its effective date. If circumstances change or the property is later sold, distributed, refinanced, or otherwise requires a new valuation, an updated appraisal can be completed using the appropriate effective date based on the purpose of the new appraisal.
