Estate Settlement Appraisals in KY by Graham Appraisal
The responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.
Part of Graham Appraisal's mission statement is to supply top-notch, ethical appraisals that lawyers can depend on. There are required needs for everyone; we cater to these requirements and are acclimated to working with all parties involved. We furnish appraisal reports that outdo the necessities of the courts and different groups.
Contact us promptly to discuss your specific estate appraisal essentials and how we can put our knowledge to work for you.
Commonly, settling an estate requires an clear appraisal report to establish fair market value for the property 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, often the time of death differs from the time the appraisal is requested. Our professional staff is knowledgeable about the practices and requirements needed to produce 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 listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, certifying the strongest degree of discretion for all parties involved.
Many times, people do not fully realize the necessity in having an intricate appraisal report produced in support of the numbers displayed in tax documents filed with revenue authorities.
One of the most essential requirements in a report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. This sort of report will definitely demonstrate your claim that the numbers within within the report are well-founded and accurate.
Graham Appraisal guarantees an substantiated report, which will provide an executor solid facts and numbers that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever challenged.
Opinions of value used in documents filed with the the IRS and KY state agencies definitely should be backed by an exhaustive report as to how the appraiser arrived at his conclusions.