Property Valuations for Estate Settlement by Graham Appraisal
Estate 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 promptly and exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.
Part of Graham Appraisal's focus is to offer top-notch, ethical appraisals that lawyers can depend on. There are required needs for everyone; we comprehend these necessities and are comfortable to working with all parties involved. We construct appraisal reports that transcend the requirements of the legal system and different groups.
Contact us promptly to discuss your precise estate appraisal demands and how we can put our experience to work for you.
Settling an estate usually depends on an appraisal to ascertain fair market value for the property therein. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Of course, it's expected that you need to be there for your family first. Graham Appraisal assures that our appraisers are familiar with the procedures and requirements needed by the IRS and KY revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, ensuring the strongest degree of privacy for you and your family.
The requirement of owning an appraisal when dealing with the IRS to prove income when filing documents is often overlooked by most people.
One of the most essential requirements in a report is an appraiser-supported opinion of value in a detailed explanation 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.
Having a professional appraisal from Graham Appraisal gives the executor definite facts and figures to work with in exceeding IRS and KY state agency requirements. You need not be concerned over anything, because we will be there to stand by our appraisals if they are ever refuted.
Opinions of value used in documents provided to the revenue authorities definitely should be supported by a detailed report as to how the appraiser acquired his conclusions.