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 departed as promptly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.
Part of T.H.E. Appraisers's mission statement is to produce top-notch, ethical appraisals that attorneys can depend on. Usually, all parties will have differing expectations of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. We construct appraisal reports that out-strip the obligations of the courts and other agencies.
Contact us today to discuss your specialized estate appraisal needs and how we can put our business acumen to work for you.
Commonly, settling an estate requires an extensive appraisal report to suggest fair market value for the property to the satisfaction of the parties involved. We understand that in this time of loss, even thinking about an appraisal report is the furthest thought from your mind. Because of this, now and then there can be times that the effective date of an appraisal deviates from the time of death. T.H.E. Appraisers assures that our appraisers are accustomed to the procedures and requirements needed by the IRS and IA revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, providing the strongest degree of discretion for you.
Many people do not understand that the IRS requires documents filed to express the numbers involved in estate sales.
Opinions of value shown in documents provided to the revenue authorities absolutely should be backed by a detailed report as to how the appraiser came to his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and correct.
An executor will be over-joyed by an appraisal by T.H.E. Appraisers which will provide him undeniable facts and figures to work with the IRS and IA state agencies' requirements. You need not be concerned over anything, because T.H.E. Appraisers will be there to stand by our work if they are ever challenged.
An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions.