Appraisals for Estate Settlement by Allen Appraisal Service
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 quickly and respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone left behind.
We've made it our company's goal in providing the best appraisals that lawyers and accountants have come to depend on. We realize their needs and are accustomed to helping with all parties involved. Among our staff, we are accustomed to working with the courts in assembling appraisals that transcend their requirements.
Contact us today to discuss your precise estate appraisal needs and how we can put our business acumen to work for you.
Generally, settling an estate necessitates an extensive appraisal report to suggest fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Due to this, it is possible that the time of death differs from the time the appraisal is requested. Our staff is comfortable with the practices and requirements necessary to produce a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, providing the strongest degree of discretion for you and your family.
Many times, people do not fully comprehend the demand to have a complete appraisal report produced in support of the numbers displayed in general documents filed with the IRS.
An exhaustive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the UT agencies that the numbers used are well-founded and substantiated.
Having a professional appraisal report from Allen Appraisal Service gives the executor undeniable facts and figures to work with in meeting IRS and UT state agency requirements. You need not be concerned over anything, because we will be there to stand by our work if they are ever refuted.
Opinions of value displayed in documents provided to the revenue authorities definitely should be supported by a comprehensive report as to how the appraiser arrived at his conclusions.