Appraisals for Estate Settlement by Informed Appraisals

Estate settlement 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 compassion to the feelings of everyone in bereavement.

Attorneys and accountants count on our conduct when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. Sometimes, all parties will have differing expectations of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. We compose appraisal reports that exceed the necessities of the courts and different groups.

Settling an estate most often demands an appraisal to acquire fair market value for the residential property therein. We sympathize that in times like this, acquiring an appraisal is the furthest thought from your mind. So, it's possible the date an appraisal is requested will be different from the date of death. We are comfortable with the practices and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, ensuring the fullest degree of discretion for you and your family.

The requirement of needing an appraisal when cooperating with revenue services to prove income when filing documents is often not considered by most people.

An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the authorities that the numbers used are well-founded and correct.

Informed Appraisals ensures an well-founded appraisal report, which will provide an executor clear facts and figures that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever refuted.

One of the most important requirements in a report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion.