![]() Appraisals for Estate Settlement by Kim Allen AppraisalsThe 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 quickly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved. Part of Kim Allen Appraisals's drive is to provide top-notch, ethical appraisals that lawyers can depend on. Sometimes, everyone involved will have different ideas of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. In our company, we are used to working with legal agencies in supplying appraisal reports that meet their necessities. Contact us promptly to discuss your individual estate appraisal requirements and how we can put our knowledge to work for you. Settling an estate generally demands an appraisal to establish fair market value for the property in question. It's understandable that thinking about an appraisal is the farthest thought from your mind. So, there's a chance the time an appraisal is needed will not match the date of death. Our staff is accustomed to the procedures and requirements obligatory to supply 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 ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, ensuring the fullest degree of privacy for you and your loved ones. People often forget that the IRS needs information filed to support the numbers involved in estate sales. One of the most necessary requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. This sort of report will clearly substantiate the evidence that the numbers displayed within the report are well-founded and accurate. Kim Allen Appraisals guarantees an well-founded appraisal, which will provide an executor definite facts and numbers that will meet IRS and state agency requirements. You need not be concerned over anything, because we will be there to stand by our appraisals if they are ever refuted. One of the most important requirements in a report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. |