Property Valuations for Estate Settlement by Timeline Appraisal Services, LLC
Estate settlement 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 exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.
Lawyers and accountants count on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Generally, all parties will have different ideas of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. In relation to our familiarity in working with the courts and various agencies, we create reports that always exceed all expectations.
Contact us as soon as possible to discuss your specific estate appraisal requirements and how we can put our knowledge to work for you.
Commonly, settling an estate requires an extensive appraisal report to acquire fair market value for the home to the satisfaction of the parties involved. We understand that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. Of course, it's expected that you need to take care of your loved ones first. We are accustomed to the procedures and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, ensuring the fullest degree of discretion for all parties involved.
Most people don't realize that the IRS needs information filed to show the numbers involved in estate sales.
Opinions of value used in documents provided to the revenue authorities absolutely should be supported by an exhaustive report as to how the appraiser acquired his conclusions. In having a report supported by Timeline Appraisal Services, LLC's professional appraisers, you will have the peace of mind that the numbers displayed in the appraisal report will certainly demonstrate to the IRS that the numbers used are accurate and substantiated.
Having a professional appraisal report from Timeline Appraisal Services, LLC gives the executor irrefutable facts and figures to work with in exceeding IRS and AZ state agency requirements. You need not stress over anything, because we will be there to support our appraisals if they are ever challenged.
An exhaustive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.