Legal Question in Wills and Trusts in South Carolina

Although my license to practice law is limited to Texas, I feel pretty certain that the answer is largely universal. Even so, you should consider contacting a probate attorney in your jurisdiction to gain the best response.

The property of the estate of a decedent is ordinarily inventoried, and if necessary appraised, using the fair market value of the property as of the decedent's death. This value is usually defined as the price that a willing seller and wiling buyer would agree upon in the marketplace.