Property Valuations for Estate Settlement by Appraisals by Tom
Settling an estate is often stressful, but a very important job. 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 compassion to the feelings of everyone involved.
Lawyers 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. We understand their needs and are accustomed to working with all parties involved. We compose appraisal reports that meet the obligations of the legal system and different groups.
Contact us as soon as possible to discuss your specific estate appraisal requirements and how we can put our business acumen to work for you.
Generally, settling an estate necessitates an accurate appraisal report to ascertain fair market value for the house to the satisfaction of the parties involved. We understand that in times like this, even thinking about an appraisal report is the furthest thought from your mind. So, there's a chance the time an appraisal is needed will deviate the date of death. Our company is familiar with the practices and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, guaranteeing the strongest degree of privacy for you and your loved ones.
Many times, people do not fully understand the requirement to have a full real estate appraisal supplied in support of the numbers shown in tax documents filed with the IRS.
A comprehensive report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. In having a report supported by Appraisals by Tom's expert staff, you will have the understanding that the numbers provided in the appraisal will clearly demonstrate to the authorities that the numbers used are accurate and substantiated.
Having a professional appraisal report from Appraisals by Tom gives the executor undeniable facts and figures to work with in meeting IRS and VA state agency requirements. You need not stress over anything, because Appraisals by Tom will be there to stand by our appraisals if they are ever challenged.
An exhaustive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions.