Property Valuations for Estate Settlement by Ascension Appraisal
The responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as promptly 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 involved.
Part of Ascension Appraisal's drive is to offer top-notch, ethical appraisals that attorneys can rely on. Often, everyone involved will have their own ideas of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. We provide appraisal reports that outdo the necessities of the legal system and different groups.
Contact us today to discuss your specialized estate appraisal essentials and how we can put our experience to work for you.
Generally, settling an estate requires an detailed appraisal report to suggest fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Due to this, it is possible that the date of death differs from the date the appraisal is requested. Our staff is comfortable with the systems and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, ensuring the strongest degree of discretion for all parties involved.
Many times, people do not fully fathom the requirement to have a comprehensive appraisal produced in support of the numbers displayed in general documents filed with the IRS.
An exhaustive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. In having a report backed by Ascension Appraisal's professional appraisers, you will have the peace of mind that the numbers displayed in the report will clearly demonstrate to the IRS that the numbers used are accurate and substantiated.
Ascension Appraisal ensures an substantiated appraisal, which will give an executor clear facts and figures that will exceed IRS and state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever refuted.
Opinions of value displayed in documents provided to the revenue authorities absolutely should be backed by an exhaustive report as to how the appraiser arrived at his conclusions.