Appraisals for Estate Settlement by Patricia Stillman AppraisalsSettling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as quickly 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 understanding when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Often, all parties will have their own ideas of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. Due to our experience in working with the legal system and various agencies, we write appraisals that definitely exceed all expectations. Contact us as soon as possible to discuss your explicit estate appraisal requirements and how we can put our experience to work for you. Settling an estate usually depends on an appraisal to determine fair market value for the house in question. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, now and then there will be times that the date of an appraisal report differs from the time of death. Our professional staff is knowledgeable about the procedures and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, assuring the fullest degree of discretion for you and your family. Many times, people do not fully appreciate the demand to have a full appraisal prepared in support of the numbers being used in general documents filed with the IRS and FL state agencies. Opinions of value shown in documents provided to the the IRS and FL state agencies absolutely should be backed by a detailed report as to how the appraiser arrived at his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and substantiated. Patricia Stillman Appraisals ensures an accurate appraisal, which will give an executor clear facts and figures that will exceed IRS and state agency requirements. You need not be concerned over anything, because we will be there to support our reports if they are ever challenged. One of the most necessary requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. |
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