Property Valuations for Estate Settlement by Timeline Appraisal Services, LLC
The responsibility of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the departed as promptly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement.
Attorneys and accountants count on our ethics when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. There are required needs for everyone; we understand these needs and are acclimated to working with all parties involved. Because of our familiarity in working with attorneys and accountants and various agencies, we supply appraisal reports that definitely exceed all expectations.
Contact us promptly to discuss your exact estate appraisal specifications and how we can put our business acumen to work for you.
Settling an estate commonly demands an appraisal to establish fair market value for the estate affected. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, now and then there can be times that the effective date of an appraisal report deviates from the date of your loss. Our professional staff is knowledgeable about the practices and requirements necessary to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, certifying the strongest degree of privacy for you and your family.
Many times, people do not fully fathom the necessity in having an exhaustive appraisal report produced in support of the numbers shown in tax documents filed with the IRS.
One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the authorities that the numbers used are accurate and substantiated.
Timeline Appraisal Services, LLC guarantees an detailed appraisal report, which will give an executor clear facts and numbers that will meet IRS and revenue agency requirements. You need not worry over anything, because Timeline Appraisal Services, LLC will be there to back up our appraisals if they are ever refuted.
A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.