Appraisals for Estate Settlement by Elite Appraisal Services
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.
Attorneys and accountants depend on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. We realize their needs and are acclimated to dealing with all parties involved. We furnish appraisal reports that exceed the necessities of the courts and assorted groups.
Contact us immediately to discuss your specialized estate appraisal demands and how we can put our knowledge to work for you.
Settling an estate most often demands an appraisal to establish fair market value for the residential property involved. We understand that when you lose a loved one, acquiring an appraisal report is the furthest thought from your mind. Because of this, often there are times that the date of an appraisal report differs from the date of your loss. We are accustomed to the procedures and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, assuring the strongest degree of discretion for you and your family.
Many people do not understand that the IRS requires information filed to support the numbers involved in estate sales.
One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. This sort of report will certainly substantiate the evidence that the numbers provided within the report are well-founded and accurate.
An executor will be over-joyed by an appraisal by Elite Appraisal Services which will show him irrefutable facts and figures to deal with revenue agencies' requirements. There's no need to worry when getting a report from Elite Appraisal Services, because we will stand by it no matter what.
One of the most necessary requirements in a report is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.