Appraisals for Estate Settlement by Young Real Estate Appraisals
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.
Part of Young Real Estate Appraisals's drive is to produce top-notch, ethical appraisals that lawyers can rely on. We are sympathetic to their needs and are accustomed to working with all parties involved. Among our staff, we are accustomed to interacting with law offices in creating reports that meet their needs.
Contact us immediately to discuss your individual estate appraisal requirements and how we can put our business acumen to work for you.
Generally, settling an estate necessitates an clear appraisal report to establish fair market value for the property to the satisfaction of the parties involved. We sympathize that in times like this, ordering an appraisal is the furthest thought from your mind. Because of this, often there will be times that the date of an appraisal report deviates from the date of your loss. Our professional staff is familiar with the systems and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, guaranteeing the fullest degree of privacy for you.
Many times, people do not fully acknowledge the necessity in having a complete appraisal report supplied in support of the numbers displayed in tax documents filed with the IRS.
Opinions of value used in documents filed with the revenue authorities absolutely should be backed by a detailed report as to how the appraiser acquired his conclusions. This sort of report will definitely show the evidence that the numbers provided within the report are well-founded and accurate.
An executor will be over-joyed by an appraisal by Young Real Estate Appraisals which will show him irrefutable facts and numbers to deal with revenue agencies' requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever challenged.
An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions.