Property Valuations for Estate Settlement by Duncan 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 promptly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement.
Lawyers and accountants rely on our conduct when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. Often, the parties involved will have their own expectations 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 different agencies, we provide appraisal reports that always exceed all expectations.
Contact us immediately to discuss your individual estate appraisal requirements and how we can put our knowledge to work for you.
Settling an estate most often demands an appraisal to determine fair market value for the residential property affected. We know that in times like this, even thinking about an appraisal report is the furthest thought from your mind. Because of this, often there will be times that the date of an appraisal deviates from the time of death. Our professional staff is familiar with the systems and requirements necessary to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, ensuring the strongest degree of discretion for you and your loved ones.
Most people don't realize that the IRS needs documents filed to explain the numbers involved in estate sales.
Opinions of value shown in documents filed with the revenue authorities absolutely should be supported by a comprehensive report as to how the appraiser acquired his conclusions. A report of this caliber will definitely demonstrate the evidence that the numbers within within the report are well-founded and accurate.
An executor will be over-joyed by a report by Duncan Appraisals which will give him undeniable facts and figures to cooperate with the IRS and NJ state agencies' requirements. There's no need to be stressed out when getting an appraisal from Duncan Appraisals, because we will support it no matter what.
Opinions of value used in documents provided to the the IRS and NJ state agencies definitely should be backed by a detailed report as to how the appraiser arrived at his conclusions.
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