JLF is a professional multi discipline appraisal service company. We work with lawyers and trust officers as well as individuals persons.
This site will help direct you to the service you are looking for.
When a loved one passes away, the aftermath requires swift action in several critical areas. Neglecting these tasks can lead to legal and financial penalties, exacerbating the family's distress during an already challenging time.
Be Prepared!
When a loved one passes away, the aftermath requires swift action in several critical areas. Neglecting these tasks can lead to legal and financial penalties, exacerbating the family's distress during an already challenging time.
Be Prepared!
When a loved one passes away, the aftermath requires swift action in several critical areas...
When a loved one passes away, the aftermath requires swift action in several critical areas. Neglecting these tasks can lead to legal and financial penalties, exacerbating the family's distress during an already challenging time.
1. Obtain a Certified Death Certificate: This official document is essential for many subsequent actions.
2. Organ Donor Status: If the deceased was an organ donor, as indicated on their driver’s license, act quickly to honor their wishes.
3. Dependents and Pets: Arrange immediate care for any dependents and pets, including long-term solutions if not previously specified.
4. Notify Family: Inform key family members and ensure they communicate the news to others as soon as possible.
5. Designate a Contact Person: Assign someone to inform healthcare providers to cancel appointments and notify employers.
6. Initiate Probate: After a few days, begin the probate process by consulting with attorneys, financial, and tax professionals.
7. School Notifications: If there are school-aged children, notify their schools.
8. Contact Social Security and Medicare: This step is necessary if the deceased was at least 65 years old.
9. Secure Financial Accounts: To prevent financial losses and identity theft, notify credit card companies, mortgage companies, insurance providers, and credit bureaus.
10. Update Memberships and Subscriptions: Cancel memberships, subscriptions, and streaming services to avoid ongoing charges.
11. Inquire About Medical Benefits: Check with the employer about continuing medical benefits.
12. Forward Mail: Redirect mail to the estate executor.
13. Locate and Submit the Will: Find the will and submit it to the probate court.
14. Seek Legal and Tax Advice: Obtain professional advice to handle any unexpected issues with the estate.
15. Handle IRAs: Ensure any Required Minimum Distributions from IRAs are withdrawn as needed.
16. Prepare for Appraisal: If you are the executor and do not have a tax ID or bank account for the estate, an appraisal may not be possible.
Acting promptly and efficiently on these steps can ease the burden during this difficult time.
Joel Forman | August 3, 2024
Maximize Your Estate's Value Before Tax Changes Hit
As appraisers, we have a crucial role in guiding heirs...
As appraisers, we have a crucial role in guiding heirs and estate professionals to navigate tax laws in the most advantageous way possible.
Act Now—Time is Running Out!
Currently, estate taxes are relatively favorable, but significant changes are coming. Starting January 1, 2026, the federal estate tax exemption will dramatically decrease, nearly halving from its current level.
Here’s what you need to know:
→ Current Exemption Limits: For 2024, the federal estate tax exemption is $13.61 million per individual, or $27.22 million for a married couple. Estates exceeding these amounts are taxed at graduated rates, starting at 18% and reaching up to 40%.
→ Impending Changes: As of December 31, 2025, the exemption limits will revert to $7 million for individuals and $14 million for married couples. This shift will impact many estates, potentially leading to higher tax liabilities.
→ Increased Tax Burden: The new tax laws will also link capital gains tax rates to ordinary income tax brackets, which may result in higher taxes on capital gains.
Feeling Overwhelmed? Appraisers can help you navigate this complexity.
Just give me a call to talk through it.
Joel Forman | August 3, 2024
As appraisers, we have a crucial role in guiding heirs and estate professionals to navigate tax laws in the most advantageous way possible.
Act Now—Time is Running Out!
Currently, estate taxes are relatively favorable, but significant changes are coming. Starting January 1, 2026, the federal estate tax exemption will dramatically decrease, nearly halving from its current level.
Here’s what you need to know:
→ Current Exemption Limits: For 2024, the federal estate tax exemption is $13.61 million per individual, or $27.22 million for a married couple. Estates exceeding these amounts are taxed at graduated rates, starting at 18% and reaching up to 40%.
→ Impending Changes: As of December 31, 2025, the exemption limits will revert to $7 million for individuals and $14 million for married couples. This shift will impact many estates, potentially leading to higher tax liabilities.
→ Increased Tax Burden: The new tax laws will also link capital gains tax rates to ordinary income tax brackets, which may result in higher taxes on capital gains.
Feeling Overwhelmed? Appraisers can help you navigate this complexity.
Just give me a call to talk through it.
Maximize Your Estate's Value Before Tax Changes Hit: As appraisers, we have a crucial role in guiding heirs...
Joel Forman | August 3, 2024
Sign up to our monthly newsletter and receive related content
Joel Forman | August 3, 2024
When a loved one passes away, the aftermath requires swift action in several critical areas...
1. Obtain a Certified Death Certificate: This official document is essential for many subsequent actions.
2. Organ Donor Status: If the deceased was an organ donor, as indicated on their driver’s license, act quickly to honor their wishes.
3. Dependents and Pets: Arrange immediate care for any dependents and pets, including long-term solutions if not previously specified.
4. Notify Family: Inform key family members and ensure they communicate the news to others as soon as possible.
5. Designate a Contact Person: Assign someone to inform healthcare providers to cancel appointments and notify employers.
6. Initiate Probate: After a few days, begin the probate process by consulting with attorneys, financial, and tax professionals.
7. School Notifications: If there are school-aged children, notify their schools.
8. Contact Social Security and Medicare: This step is necessary if the deceased was at least 65 years old.
9. Secure Financial Accounts: To prevent financial losses and identity theft, notify credit card companies, mortgage companies, insurance providers, and credit bureaus.
10. Update Memberships and Subscriptions: Cancel memberships, subscriptions, and streaming services to avoid ongoing charges.
11. Inquire About Medical Benefits: Check with the employer about continuing medical benefits.
12. Forward Mail: Redirect mail to the estate executor.
13. Locate and Submit the Will: Find the will and submit it to the probate court.
14. Seek Legal and Tax Advice: Obtain professional advice to handle any unexpected issues with the estate.
15. Handle IRAs: Ensure any Required Minimum Distributions from IRAs are withdrawn as needed.
16. Prepare for Appraisal: If you are the executor and do not have a tax ID or bank account for the estate, an appraisal may not be possible.
Acting promptly and efficiently on these steps can ease the burden during this difficult time.
Joel Forman | August 3, 2024
1. Obtain a Certified Death Certificate: This official document is essential for many subsequent actions.
2. Organ Donor Status: If the deceased was an organ donor, as indicated on their driver’s license, act quickly to honor their wishes.
3. Dependents and Pets: Arrange immediate care for any dependents and pets, including long-term solutions if not previously specified.
4. Notify Family: Inform key family members and ensure they communicate the news to others as soon as possible.
5. Designate a Contact Person: Assign someone to inform healthcare providers to cancel appointments and notify employers.
6. Initiate Probate: After a few days, begin the probate process by consulting with attorneys, financial, and tax professionals.
7. School Notifications: If there are school-aged children, notify their schools.
8. Contact Social Security and Medicare: This step is necessary if the deceased was at least 65 years old.
9. Secure Financial Accounts: To prevent financial losses and identity theft, notify credit card companies, mortgage companies, insurance providers, and credit bureaus.
10. Update Memberships and Subscriptions: Cancel memberships, subscriptions, and streaming services to avoid ongoing charges.
11. Inquire About Medical Benefits: Check with the employer about continuing medical benefits.
12. Forward Mail: Redirect mail to the estate executor.
13. Locate and Submit the Will: Find the will and submit it to the probate court.
14. Seek Legal and Tax Advice: Obtain professional advice to handle any unexpected issues with the estate.
15. Handle IRAs: Ensure any Required Minimum Distributions from IRAs are withdrawn as needed.
16. Prepare for Appraisal: If you are the executor and do not have a tax ID or bank account for the estate, an appraisal may not be possible.
Acting promptly and efficiently on these steps can ease the burden during this difficult time.
Maximize Your Estate's Value Before Tax Changes Hit: As appraisers, we have a crucial role in guiding heirs...
JLF is a professional multi discipline appraisal service company. We work with lawyers and trust officers as well as individuals persons.
Joel Forman founded the company in 1988 after leaving the aerospace industry to pursue his lifelong passion in Numismatics.
Since 1979, Joel has been publishing avidly in “Coin World”,
as well as other publications .
One thing lead to another and over the decades JLF Appraisal Services became one of the most diversified appraisal companies in the country.
About JLF
Our substantial number of USPAP associates allows us to allocate the best expert for each respective speciality.
What specialty are you looking for?
Let us help you find the perfect appraiser by entering in contact below.
Joel Forman
Founder
Joel Forman founded the company in 1988 after leaving the aerospace industry to pursue his lifelong passion in Numismatics. Since 1979, Joel has been publishing avidly in “Coin World”, as well as other publications . One thing lead to another and over the decades JLF Appraisal Services became one of the most diversified appraisal companies in the country.
All valuations are performed in strict accordance with the ASA Code of Ethics and adhere to the Uniform Standards of the Principles of Appraisal Practice (USPAP)
Process & Procedures
Valuations can be performed either by the traditional hands-on approach and in some cases, also through on-line evaluations.
Valuations can be performed either by the traditional hands-on approach and in some cases, also through on-line evaluations.
JLF begins by understanding the situation. Is this an estate or inheritance? Is a trustee, lawyer
or court involved? Is a family or person looking to liquidate collectibles?
Did someone stumble upon something and doesn’t know
if it is valuable?
Once the situation is clearly defined, we research the property (items) to be evaluated.
From there we define the appraiser and the process and enter a formal contractual agreement to provide the service.
Hiring JLF
JLF can help you get top dollar for your valuable property by helping you find a buyer through the proper sales channels.
An appraisal represents the estimated value of the client's property at a given moment. At the client's request, periodic updates to the appraisal can be performed.
JLF's appraisers will always go to the client's location of choice to perform the appraisal--no exceptions.
Our clients never lose possession or control of the property.
What exactly is an appraisal?
Hiring JLF
How does the process work?
What should you expect?
Between JLF & you, the client:
Remuneration is never based upon the value of the property, rather by hourly rate.
A JLF appraiser's report can be sent and used by third party, such as an attorney or insurance company.
1
2
3
If you want to sell your property:
JLF Appraisal Services wants to sell it for you! Our unique concept enables our clients to take home top dollar for their property. We work closely with established auctioneers, selling all types of personal property & collectibles.
There is no charge to the client to make the necessary arrangements. We are compensated by the auctioneer.
Contact Us
Our Location
11260 Overland Av. #9G
Culver City, CA. 90230
(310) 837-7455
Phone Number
joel.forman1@gmail.com
E-mail Address
Disclaimer: The material on this Website is for general informational purposes only. It is provided to inform attorneys and others hiring expert witnesses or consultants and as such we are not responsible for any information contained on or omitted from this website or any site hyperlinked to this website. DO NOT send us any information that you regard as privileged or confidential unless and until we authorize you to do so.
Contact Us
Copyright 2022 JLF Appraisal Services LLC - All Rights Reserved
Developed by
