Estate Settlement Appraisals in WI by Appraisal Works
Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.
Lawyers and accountants depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. Usually, the parties involved will have their own requirements of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. Because of our experience in dealing with attorneys and accountants and other agencies, we supply reports that always exceed all expectations.
Contact us promptly to discuss your unique estate appraisal demands and how we can put our business acumen to work for you.
Commonly, settling an estate necessitates an irrefutable appraisal report to determine fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Of course, you need to take care of your loved ones first. We are knowledgeable about the systems and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, guaranteeing the fullest degree of discretion for you and your family.
Most people don't realize that the IRS requires documents filed to explain the numbers involved in estate sales.
An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. In having a report backed by Appraisal Works's professional appraisers, you will have the peace of mind that the numbers provided in the report will clearly demonstrate to the authorities that the numbers used are well founded and correct.
Appraisal Works ensures an well-founded report, which will provide an executor solid facts and numbers that will meet IRS and revenue agency requirements. There's no need to have anything but peace of mind when getting a report from us, because we will back it no matter what.
Opinions of value used in documents provided to the revenue authorities absolutely should be supported by an accurate report as to how the appraiser arrived at his conclusions.