Timeline Appraisal Services, LLC understands the special needs of estate executors
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 sympathy to the feelings of everyone involved.
Attorneys and accountants rely on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. We comprehend their needs and are accustomed to dealing with all parties involved. We write appraisal reports that exceed the needs of the legal system and various groups.
Contact us immediately to discuss your precise estate appraisal requirements and how we can put our experience to work for you.
Usually, settling an estate requires an extensive appraisal report to suggest fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. So, we understand that the date an appraisal report is needed will be different from the date of death. We are accustomed to the systems and requirements needed 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 listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, ensuring the strongest degree of privacy for all parties involved.
Most of the time people do not fully appreciate the demand to have an exhaustive appraisal prepared in support of the numbers being used in tax documents filed with the IRS and AZ state agencies.
One of the most significant requirements in an appraisal report is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion. A report of this caliber will clearly substantiate your claim that the numbers expressed within the report are well-founded and accurate.
An executor will be satisfied by an appraisal by Timeline Appraisal Services, LLC which will provide him solid facts and numbers to work with revenue agencies' 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 filed with the revenue authorities absolutely should be supported by a detailed report as to how the appraiser came to his conclusions.