Test concept — not live copy
A conversation with John
How the estate appraisal talk might feel in plain language.
You
I’m settling my father’s estate and I have to sell the house.
John
I’m sorry you’re dealing with that. Are you settling the estate?
You
Yes. The attorney mentioned something about an appraisal for the taxes?
John
That’s the cost basis. Without an appraisal, the house can stay valued at what your parents paid years ago—and that can cost you thousands when you sell.
You
So what do I do next?