Property Valuations for Estate Settlement by Graham Appraisal
Estate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.
We've made it our company's goal in supplying excellent appraisals that lawyers and accountants have come to depend on. We cater to their needs and are used to helping with all parties involved. Among our staff, we are accustomed to interacting with legal agencies in assembling reports that out-strip their needs.
Contact us promptly to discuss your unique estate appraisal demands and how we can put our business acumen to work for you.
Settling an estate usually demands an appraisal to suggest fair market value for the residential property therein. We understand that when you lose a loved one, ordering an appraisal is the furthest thought from your mind. So, it's possible the time an appraisal is requested will be different from the date of death. Graham Appraisal assures that our appraisers are knowledgeable about the procedures and requirements requested by the IRS and KY revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, certifying the highest degree of privacy for you and your loved ones.
The necessity of needing an appraisal when cooperating with revenue services to show income when filing documents is often not considered by most people.
Opinions of value displayed in documents filed with the revenue authorities absolutely should be backed by an accurate report as to how the appraiser came to his conclusions. Such a report will clearly demonstrate to the KY agencies that the numbers used are accurate and substantiated.
Graham Appraisal ensures an detailed appraisal report, which will give an executor solid facts and figures that will exceed IRS and state agency requirements. There's no need to be concerned when getting an appraisal from us, because we will support it no matter what.
One of the most important requirements in an appraisal is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion.