Appraisals for Estate Settlement by Carol HuffmanSettling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved. Lawyers and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. We comprehend their needs and are acclimated to helping with all parties involved. Because of our experience in dealing with the courts and other agencies, we compose appraisal reports that always transcend all expectations. Contact us immediately to discuss your personal estate appraisal essentials and how we can put our experience to work for you. Generally, settling an estate requires an clear appraisal report to show fair market value for the property to the satisfaction of the parties involved. We sympathize that in this time of loss, ordering an appraisal report is the furthest thought from your mind. So, we understand that the time an appraisal is requested will deviate the date of death. Our staff is comfortable with the systems and requirements necessary to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, assuring the strongest degree of discretion for all parties involved. The necessity of having a real estate appraisal when working with the IRS to prove income when filing documents is often misunderstood by most people. One of the most important requirements in an appraisal report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IA agencies that the numbers used are well-founded and substantiated. Carol Huffman guarantees an detailed appraisal report, which will provide an executor clear facts and figures that will exceed IRS and state agency requirements. There's no need to have anything but peace of mind when getting an appraisal from us, because we will stand by it no matter what. Opinions of value shown in documents provided to the revenue authorities absolutely should be supported by a detailed report as to how the appraiser acquired his conclusions. |