Estate and Date-of-Death Appraisals
Mercer County estates are handled by the Mercer County Surrogate at the Civil Courthouse, 175 South Broad Street, 4th Floor, Room 420, Trenton (Mercer County Surrogate). Executors usually need a date-of-death value for three reasons: to report stepped-up basis to the IRS, to divide property fairly among heirs, and to support a sale or buyout.
Our estate and date-of-death appraisals are retrospective. We value the property as it stood on the date of death, using sales from that period rather than today's market.