Property Valuations for Estate Settlement byThe job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind. Attorneys and accountants depend on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. Sometimes, all parties will have different expectations of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. In our company, we are used to working with law offices in writing appraisals that exceed their needs. Contact us as soon as possible to discuss your exact estate appraisal essentials and how we can put our business acumen to work for you. Generally, settling an estate requires an detailed appraisal report to determine fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. So, it's possible the date an appraisal is requested will deviate the date of death. assures that our staff are knowledgeable about the procedures and requirements needed by the IRS and revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, ensuring the highest degree of privacy for you and your loved ones. Most people don't realize that the IRS requires reports filed to explain the numbers involved in estate sales. An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the agencies that the numbers used are well-founded and substantiated. Having a professional appraisal report from gives the executor irrefutable facts and figures to work with in meeting IRS and state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever challenged. One of the most necessary requirements in a report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. |