James Earp Appraisal Service understands the special needs of estate executors
Settling 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 empathy to the feelings of everyone left behind.
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. Often, everyone involved will have their own requirements of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. Among our staff, we are used to working with law offices in composing reports that exceed their necessities.
Contact us as soon as possible to discuss your exact estate appraisal demands and how we can put our business acumen to work for you.
Settling an estate usually depends on an appraisal to acquire fair market value for the estate therein. We sympathize that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. So, it's possible the date an appraisal report is ordered will be different from the date of death. Our professional staff is comfortable with the systems and requirements necessary to produce 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 company to confidentiality, guaranteeing the highest degree of privacy for you and your family.
The necessity of owning a real estate appraisal when dealing with government agencies to explain income when filing documents is often misunderstood by most people.
Opinions of value displayed in documents provided to the revenue authorities definitely should be supported by a detailed report as to how the appraiser arrived at his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and substantiated.
James Earp Appraisal Service will provide an detailed report, which will provide an executor definite facts and numbers that will exceed IRS and revenue agency requirements. You need not stress over anything, because James Earp Appraisal Service will be there to back up our work if they are ever challenged.
One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion.