Property Valuations for Estate Settlement by
The task of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the departed as promptly and with as much dignity as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.
We've shown that we're experts in producing excellent appraisals that lawyers and accountants have come to rely on. Generally, everyone involved will have their own ideas of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. We produce appraisal reports that transcend the needs of the legal system and other groups.
Contact us as soon as possible to discuss your explicit estate appraisal needs and how we can put our experience to work for you.
Settling an estate most often depends on an appraisal to show fair market value for the house in question. We know that in this time of loss, even thinking about an appraisal report is the furthest thought from your mind. Because of this, now and then there can be times that the date of an appraisal deviates from the date of your loss. Our company is accustomed to the procedures and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, providing the highest degree of privacy for you and your family.
Most people don't realize that the IRS requires documents filed to explain the numbers involved in estate sales.
An exhaustive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. This sort of report will clearly show the evidence that the numbers expressed within the report are well-founded and accurate.
Having a professional report from gives the executor undeniable facts and figures to work with in exceeding IRS and state agency requirements. You need not be concerned over anything, because will be there to stand by our work if they are ever challenged.
Opinions of value displayed in documents provided to the revenue authorities definitely should be supported by an exhaustive report as to how the appraiser came to his conclusions.