Appraisals for Estate Settlement by EKJ Appraisals
The task 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 deceased as quickly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.
We've made it our company's goal in supplying top-notch appraisals that lawyers and accountants have come to depend on. Generally, all parties will have their own expectations of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. In relation to our familiarity in dealing with attorneys and accountants and different agencies, we produce appraisal reports that definitely transcend all expectations.
Contact us as soon as possible to discuss your specific estate appraisal essentials and how we can put our knowledge to work for you.
Commonly, settling an estate necessitates an extensive appraisal report to ascertain fair market value for the property to the satisfaction of the parties involved. We empathize that when you lose a loved one, ordering an appraisal is the furthest thought from your mind. Due to this, now and then the time of death differs from the date the appraisal is needed. Our staff is knowledgeable about the practices and requirements obligatory to perform 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 ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, certifying the strongest degree of discretion for all parties involved.
The importance of having an appraisal report when working with revenue services to prove income when filing documents is often unknown by most people.
Opinions of value used in documents provided to the the IRS and MN state agencies definitely should be supported by an accurate report as to how the appraiser arrived at his conclusions. A report of this caliber will definitely substantiate your claim that the numbers provided within the report are well-founded and accurate.
EKJ Appraisals guarantees an detailed appraisal, which will give an executor solid facts and figures that will meet IRS and state agency requirements. There's no need to have anything but peace of mind when getting a report from EKJ Appraisals, because we will support it no matter what.
An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions.