Property Valuations for Estate Settlement by Partridge Real Estate Appraisals
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.
We've made it our company's goal in supplying the best appraisals that lawyers and accountants have come to rely on. There are specific needs for everyone; we realize these needs and are familiar to working with all parties involved. In our company, we are accustomed to dealing with the courts in writing reports that transcend their requirements.
Contact us as soon as possible to discuss your explicit estate appraisal specifications and how we can put our knowledge to work for you.
Settling an estate generally requires an appraisal to ascertain fair market value for the property therein. We know that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. So, there's a chance the time an appraisal report is ordered will differ the date of death. Our staff is familiar with the systems and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, providing the strongest degree of discretion for you and your loved ones.
All too often, people do not fully appreciate the importance in having an exhaustive real estate appraisal prepared in support of the numbers shown in general documents filed with revenue authorities.
Opinions of value used in documents filed with the revenue authorities definitely should be supported by an accurate report as to how the appraiser came to his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and correct.
Partridge Real Estate Appraisals ensures an substantiated appraisal, which will give an executor accurate facts and figures that will meet IRS and state agency requirements. You need not stress over anything, because Partridge Real Estate Appraisals will be there to support our work if they are ever refuted.
One of the most significant requirements in a report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion.