Appraisals 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 departed as quickly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.
Attorneys and accountants depend on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Usually, everyone involved will have their own suggestions of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. We construct appraisal reports that transcend the necessities of the courts and assorted groups.
Contact us today to discuss your specific estate appraisal essentials and how we can put our knowledge to work for you.
Generally, settling an estate necessitates an accurate appraisal report to establish fair market value for the house to the satisfaction of the parties involved. We empathize that in times like this, even thinking about an appraisal report is the furthest thought from your mind. So, we understand that the time an appraisal report is needed will differ the date of death. Graham Appraisal assures that our staff are familiar with the procedures and requirements requested by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, assuring the strongest degree of privacy for you.
Often, people do not fully fathom the necessity in having an intricate real estate appraisal prepared in support of the numbers displayed in tax documents filed with the IRS.
Opinions of value displayed in documents provided to the the IRS and KY state agencies definitely should be supported by a detailed report as to how the appraiser acquired his conclusions. A report of this caliber will certainly show the evidence that the numbers provided within the report are well-founded and accurate.
Graham Appraisal guarantees an well-founded report, which will give an executor solid facts and figures that will exceed IRS and state agency requirements. You need not stress over anything, because Graham Appraisal will be there to support our appraisals if they are ever challenged.
Opinions of value shown in documents filed with the the IRS and KY state agencies absolutely should be supported by a comprehensive report as to how the appraiser came to his conclusions.