Appraisals for Estate Settlement by T.H.E. Appraisers
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 deceased as promptly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone left behind.
Attorneys and accountants count on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. We cater to their needs and are familiar with dealing with all parties involved. In our company, we are accustomed to interacting with legal agencies in producing appraisals that meet their necessities.
Contact us promptly to discuss your exact estate appraisal essentials and how we can put our business acumen to work for you.
Usually, settling an estate requires an detailed appraisal report to establish fair market value for the property to the satisfaction of the parties involved. We understand that in times like this, acquiring an appraisal report is the furthest thought from your mind. So, we understand that the time an appraisal is ordered will deviate the date of death. T.H.E. Appraisers assures that our appraisers are familiar with the procedures and requirements needed by the IRS and IA revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, certifying the highest degree of privacy for you and your loved ones.
People often forget that the IRS requires documents filed to show the numbers involved in estate sales.
One of the most important requirements in a report is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. A report of this caliber will certainly show your claim that the numbers within within the report are well-founded and accurate.
An executor will be satisfied by a report by T.H.E. Appraisers which will give him undeniable facts and numbers to work with the IRS and IA state agencies' requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever challenged.
Opinions of value displayed in documents provided to the revenue authorities definitely should be backed by an accurate report as to how the appraiser came to his conclusions.