Appraisals for Estate Settlement by James Earp Appraisal Service
Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.
Lawyers and accountants count on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. We realize their needs and are accustomed to helping with all parties involved. Among our staff, we are used to interacting with law offices in assembling appraisal reports that transcend their needs.
Contact us promptly to discuss your unique estate appraisal needs and how we can put our experience to work for you.
Settling an estate generally depends on an appraisal to show fair market value for the house involved. We know that in this time of loss, even thinking about an appraisal report is the furthest thought from your mind. So, it's possible the time an appraisal report is needed will not match the date of death. James Earp Appraisal Service assures that our appraisers are knowledgeable about the procedures and requirements requested by revenue services to perform 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) attunes our appraisers to confidentiality, guaranteeing the highest degree of privacy for you and your loved ones.
People often forget that the IRS requires reports filed to explain the numbers involved in estate sales.
Opinions of value shown in documents provided to the revenue authorities definitely should be backed by an exhaustive report as to how the appraiser acquired his conclusions. A report of this caliber will certainly show your claim that the numbers displayed within the report are well-founded and accurate.
James Earp Appraisal Service ensures an well-founded appraisal report, which will give an executor solid facts and figures that will exceed IRS and revenue agency requirements. You need not stress over anything, because James Earp Appraisal Service will be there to stand by our reports if they are ever refuted.
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.