Appraisals for Estate Settlement by Elinor J. Richard
The task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.
Attorneys and accountants rely on our understanding when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. There are required needs for everyone; we comprehend these needs and are familiar to dealing with all parties involved. In relation to our familiarity in working with attorneys and accountants and other agencies, we compose appraisals that always exceed all expectations.
Contact us promptly to discuss your specific estate appraisal needs 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 home in question. We know that in times like this, ordering an appraisal is the furthest thought from your mind. So, it's possible the time an appraisal is requested will be different from the date of death. Elinor J. Richard assures that we are accustomed to the procedures and requirements needed by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, certifying the fullest degree of privacy for all parties involved.
Many people do not understand that the IRS needs reports filed to express the numbers involved in estate sales.
A comprehensive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. A report of this caliber will certainly show your claim that the numbers displayed within the report are well-founded and accurate.
Elinor J. Richard will provide an accurate appraisal report, which will give an executor solid facts and figures that will meet IRS and state agency requirements. There's no need to be stressed out when getting an appraisal from Elinor J. Richard, because we will back it no matter what.
Opinions of value displayed in documents provided to the revenue authorities absolutely should be backed by an accurate report as to how the appraiser arrived at his conclusions.