Estate Settlement Appraisals in AR by Evelyn Donica
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 swiftly and with as much dignity as possible. You can count on us to act quickly and with as much respect to the feelings of everyone left behind.
Lawyers and accountants rely on our conduct when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. We realize their needs and are familiar with working with all parties involved. In relation to our experience in dealing with attorneys and accountants and other agencies, we assemble reports that always meet all expectations.
Contact us promptly to discuss your exact estate appraisal demands and how we can put our business acumen to work for you.
Settling an estate usually demands an appraisal to ascertain fair market value for the property in question. It's understandable that thinking about an appraisal is the farthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal differs from the time of death. Our staff is familiar with the systems and requirements obligatory to provide 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 requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, providing the strongest degree of privacy for you and your loved ones.
The requirement of owning a real estate appraisal when dealing with the IRS to explain income when filing documents is often not considered by most people.
Opinions of value used in documents filed with the revenue authorities definitely should be backed by a comprehensive report as to how the appraiser arrived at his conclusions. In having a report backed by Evelyn Donica's professional staff, you will have the understanding that the numbers shown in the appraisal will clearly demonstrate to the IRS that the numbers used are well founded and substantiated.
Having a professional report from Evelyn Donica gives the executor solid facts and figures to work with in exceeding IRS and AR state agency requirements. You need not be concerned over anything, because we will be there to back up our reports if they are ever refuted.
A comprehensive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions.