Graham Appraisal understands the special needs of estate executors
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 promptly and with as much dignity as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone left behind.
Lawyers and accountants rely on our ethics when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. There are specific needs for everyone; we comprehend these needs and are acclimated to dealing with all parties involved. Among our staff, we are accustomed to interacting with legal agencies in creating appraisal reports that surpass their needs.
Contact us promptly to discuss your explicit estate appraisal demands and how we can put our experience to work for you.
Settling an estate commonly depends on an appraisal to ascertain fair market value for the residential property therein. We sympathize that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. Because of this, often there are times that the date of an appraisal report deviates from the date of your loss. Graham Appraisal assures that we are familiar with the procedures and requirements needed by the IRS and KY revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, ensuring the highest degree of privacy for you.
Many times, people do not fully comprehend the demand to have a complete real estate appraisal produced in support of the numbers being used in tax documents filed with the IRS.
One of the most important requirements in a report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and substantiated.
Having a professional report from Graham Appraisal gives the executor irrefutable facts and figures to work with in going beyond IRS and KY 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.
Opinions of value used in documents filed with the the IRS and KY state agencies definitely should be backed by an accurate report as to how the appraiser arrived at his conclusions.