Property Valuations for Estate Settlement by Central Appraisal Services
The responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed 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 left behind.
Attorneys and accountants count on our ethics when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. Generally, the parties involved will have different requirements of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. In relation to our familiarity in dealing with the legal system and various agencies, we create reports that definitely outdo all expectations.
Contact us today to discuss your explicit estate appraisal requirements and how we can put our experience to work for you.
Settling an estate most often demands an appraisal to ascertain fair market value for the home therein. We sympathize that in this time of loss, acquiring an appraisal is the furthest thought from your mind. Because of this, often there can be times that the effective date of an appraisal report differs from the time of death. Central Appraisal Services assures that our appraisers are familiar with the procedures and requirements requested by the IRS and PA revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, providing the highest degree of privacy for you and your loved ones.
Many times, people do not fully acknowledge the importance in having an exhaustive appraisal report prepared in support of the numbers shown in general documents filed with the IRS and PA state agencies.
One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. In having a report backed by Central Appraisal Services's professional appraisers, you will have the knowledge that the numbers shown in the appraisal report will certainly demonstrate to the IRS that the numbers used are well founded and correct.
Having a professional appraisal report from Central Appraisal Services gives the executor definite facts and figures to work with in exceeding IRS and PA state agency requirements. There's no need to have anything but peace of mind when getting a report from us, because we will support it no matter what.
Opinions of value displayed in documents filed with the revenue authorities absolutely should be backed by an accurate report as to how the appraiser acquired his conclusions.
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