Property Valuations for Estate Settlement by Appraisal IQ
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 promptly 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 involved.
Attorneys 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. We realize their needs and are acclimated to helping with all parties involved. In relation to our familiarity in dealing with the legal system and various agencies, we furnish appraisals that definitely transcend all expectations.
Contact us promptly to discuss your personal estate appraisal needs and how we can put our knowledge to work for you.
Settling an estate most often demands an appraisal to acquire fair market value for the estate in question. We understand that when you lose a loved one, acquiring an appraisal report is the furthest thought from your mind. So, it's possible the time an appraisal report is ordered will differ the date of death. Appraisal IQ assures that our appraisers are familiar with the procedures and requirements needed by the IRS and TX revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, guaranteeing the fullest degree of privacy for all parties involved.
The requirement of having an appraisal when dealing with government agencies to show income when filing documents is often unknown by most people.
A comprehensive report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. This sort of report will clearly demonstrate the evidence that the numbers displayed within the report are well-founded and accurate.
Appraisal IQ will provide an detailed report, which will provide an executor accurate facts and figures that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever challenged.
One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.