The Real Cost of Being Underprepared: A Lesson in Estate Planning Preparation

Estate planning is about more than paperwork. It’s about making sure your legacy, and everything that represents it, is documented, protected, and preserved. When tragedy strikes, proper planning can make all the difference.

One AVI client learned this the hard way. Thankfully, they were prepared.

A Devastating Loss That Could Have Been Worse

In the fall of 2019, a long-time AVI client lost their 15,000-square-foot primary residence to a sudden fire. Ashes from the season’s first fireplace use were not properly disposed of. Before the fire department arrived, the entire home was engulfed.

The family lost more than a home. Decades of collected artwork, elegant furnishings, fine wine, and clothing, valued at over $7 million, were reduced to ashes.

But because they had worked with AVI since 2008, their documentation was already in place. Every significant item had been appraised, recorded, and updated. Thanks to that foresight and their Valuable Articles Coverage, the client fully recovered.

Without AVI’s detailed inventory and appraisal records, rebuilding the claim from memory would have been overwhelming.

Estate Planning Preparation Starts with Documentation

Fires, floods, and other sudden losses don’t wait until the paperwork is ready. That’s why estate planning preparation needs to include:

  • A certified, updated appraisal of high-value items
  • A timestamped visual inventory through 3D HomeScan
  • Secure records that support insurers, estate attorneys, and executors

AVI’s services ensure that your property is documented to the highest standard, making recovery easier when it matters most.

Working with AVI Means Fewer Unknowns

Whether you are preparing your own estate or helping a parent document theirs, AVI supports:

  • Estate attorneys and fiduciaries
  • Wealth advisors and family offices
  • Heirs who need clarity and legal proof

We provide more information than you’ll ever need, unless you need it.

Prepare Today. Avoid Regret Tomorrow.

The best time to prepare is before something happens. AVI’s appraisal and documentation services are trusted by clients across the country to protect the legacies they’ve built.

Browse appraisal service packages and take action today.

Get your Instant 3D HomeScan Quote in under a minute! 

The Real Cost of Being Underprepared: A Lesson in Estate Planning Preparation