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05 March 2012

Appraising the Appraisers

The appraisers of an estate cannot have a direct interest in the estate they are appraising. This eliminates heirs and creditors of the deceased. What this means is that children cannot be appraisers, but other relatives can be--as long as the deceased did not owe them money.

It is possible that relatives of the widow were appraisers. Or they just could be neighbors.

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