![]() Appraisers Associated, LTD. knows the special needs of estate executorsEstate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement. Attorneys 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. Usually, all parties will have their own expectations of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. We create appraisal reports that out-strip the needs of the legal system and different groups. Contact us promptly to discuss your individual estate appraisal specifications and how we can put our business acumen to work for you. Generally, settling an estate requires an accurate appraisal report to determine fair market value for the property to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, often there will be times that the date of an appraisal report deviates from the time of death. Our staff is familiar with the procedures and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, certifying the strongest degree of privacy for you and your loved ones. People often forget that the IRS requires reports filed to show the numbers involved in estate sales. Opinions of value displayed in documents provided to the revenue authorities absolutely should be backed by an exhaustive report as to how the appraiser acquired his conclusions. A report of this caliber will definitely show the evidence that the numbers displayed within the report are well-founded and accurate. Appraisers Associated, LTD. will provide an substantiated appraisal report, which will give an executor accurate facts and numbers that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever refuted. One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. |