Appraisals for Estate Settlement by Ascension Appraisal
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 quickly and with as much dignity as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved.
Lawyers and accountants count on our ethics when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. Usually, all parties will have their own expectations of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. We provide appraisal reports that out-strip the obligations of the legal system and other agencies.
Contact us as soon as possible to discuss your specialized estate appraisal essentials and how we can put our experience to work for you.
Settling an estate most often depends on an appraisal to suggest fair market value for the estate affected. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, it's possible the date an appraisal report is needed will differ the date of death. Ascension Appraisal assures that we are comfortable with the procedures and requirements requested by revenue services to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, providing the fullest degree of discretion for you.
Many people do not understand that the IRS requires reports filed to show the numbers involved in estate sales.
One of the most important requirements in a report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. In having a report supported by Ascension Appraisal's expert appraisers, you will have the understanding that the numbers displayed in the appraisal will clearly demonstrate to the authorities that the numbers used are accurate and substantiated.
Ascension Appraisal guarantees an substantiated appraisal report, which will give an executor solid facts and numbers that will meet IRS and state agency requirements. There's no need to have anything but peace of mind when getting a report from Ascension Appraisal, because we will stand by it no matter what.
One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion.