Appraisal request reinforces need for proper estate planning
This column first appeared in the San Antonio Express-News and its MySA.com site on March 17, 2015. Dear Mr. Premack: My husband passed away in mid-2014, leaving me as his sole heir. I sold a farm that was partly his inheritance and partly acreage we bought together. The sale closed six months and five days after his death. My accountant says I must have an appraisal to satisfy IRS as to gain or loss on the property all because of those five days, that an appraisal would not