knows the special needs of estate executors
The job 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 swiftly 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 involved.
We've made a name for ourselves in providing excellent appraisals that attorneys and accountants have come to depend on. Sometimes, the parties involved will have different requirements of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. Due to our familiarity in dealing with the courts and other agencies, we furnish reports that always meet all expectations.
Contact us immediately to discuss your unique estate appraisal essentials and how we can put our knowledge to work for you.
Commonly, settling an estate requires an detailed appraisal report to acquire fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Because of this, now and then there are times that the date of an appraisal report deviates from the date of your loss. assures that we are comfortable with the procedures and requirements requested by the IRS and revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, providing the strongest degree of discretion for you.
Most people don't realize that the IRS requires documents filed to express the numbers involved in estate sales.
Opinions of value used in documents filed with the revenue authorities definitely should be backed by a detailed report as to how the appraiser arrived at his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and correct.
An executor will be over-joyed by an appraisal by which will show him solid facts and numbers to cooperate with the IRS and state agencies' requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever challenged.
A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.
Estate or Probate Appraisal?
We can answer your questions about a Date of Death or Retrospective Appraisal.