Appraisals for Estate Settlement by Sarah Kate DuffordSettling an estate is an important and sometimes stressful task. 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 sympathy to the feelings of everyone left behind. Lawyers and accountants count on our understanding when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. We cater to their needs and are accustomed to working with all parties involved. In our company, we are used to dealing with legal agencies in providing reports that exceed their requirements. Contact us today to discuss your precise estate appraisal specifications and how we can put our business acumen to work for you. Settling an estate most often demands an appraisal to establish fair market value for the estate involved. We sympathize that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. Because of this, often there are times that the date of an appraisal deviates from the date of your loss. Sarah Kate Dufford assures that we are accustomed to the procedures and requirements requested by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, providing the highest degree of privacy for you. People often forget that the IRS needs reports filed to explain the numbers involved in estate sales. One of the most essential requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and substantiated. Sarah Kate Dufford ensures an accurate appraisal, which will give an executor definite facts and figures that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever challenged. Opinions of value shown in documents filed with the the IRS and TX state agencies absolutely should be backed by a detailed report as to how the appraiser acquired his conclusions. |