Estate Settlement Appraisals in FL by Performance Appraisals Inc.
The responsibility of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the departed as promptly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.
Attorneys and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. Sometimes, the parties involved will have their own suggestions of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. Among our staff, we are accustomed to working with legal agencies in composing appraisal reports that surpass their needs.
Contact us promptly to discuss your precise estate appraisal specifications and how we can put our knowledge to work for you.
Settling an estate generally demands an appraisal to suggest fair market value for the property involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Due to this, sometimes the date of death differs from the time the appraisal is needed. Our staff is accustomed to the practices and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, certifying the fullest degree of privacy for you.
The requirement of having an appraisal report when cooperating with government agencies to show income when filing documents is often not considered by most people.
Opinions of value used in documents provided to the revenue authorities definitely should be supported by a detailed report as to how the appraiser came to his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are accurate and substantiated.
Performance Appraisals Inc. will provide an substantiated report, which will provide an executor accurate facts and figures that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever challenged.
Opinions of value shown in documents filed with the the IRS and FL state agencies definitely should be backed by an accurate report as to how the appraiser arrived at his conclusions.