Appraisals for Estate Settlement by Performance Appraisals Inc.
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.
We've shown that we're experts in producing the best appraisals that attorneys and accountants have come to rely on. Often, everyone involved will have their own suggestions of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. We assemble appraisal reports that outdo the necessities of the legal system and assorted groups.
Contact us immediately to discuss your individual estate appraisal essentials and how we can put our experience to work for you.
Settling an estate commonly requires an appraisal to show fair market value for the house in question. It's understandable that thinking about an appraisal is the farthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal report differs from the time of death. Performance Appraisals Inc. assures that we are familiar with the procedures and requirements needed by the IRS and FL revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, ensuring the fullest degree of discretion for all parties involved.
Many times, people do not fully understand the requirement to have an intricate real estate appraisal prepared in support of the numbers being used in general documents filed with the IRS.
One of the most necessary requirements in an appraisal report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and substantiated.
An executor will be satisfied by an appraisal by Performance Appraisals Inc. which will show him irrefutable facts and numbers to cooperate with any legal agency's requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever refuted.
Opinions of value shown in documents provided to the the IRS and FL state agencies definitely should be backed by an exhaustive report as to how the appraiser acquired his conclusions.