Property Valuations for Estate Settlement by James Earp Appraisal Service
Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.
Lawyers and accountants count on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Usually, all parties will have their own requirements of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. In our company, we are accustomed to working with legal agencies in providing appraisals that surpass their necessities.
Contact us immediately to discuss your personal estate appraisal essentials and how we can put our business acumen to work for you.
Usually, settling an estate necessitates an irrefutable appraisal report to acquire fair market value for the property to the satisfaction of the parties involved. We know that when you lose a loved one, ordering an appraisal is the furthest thought from your mind. Due to this, often the date of death differs from the time the appraisal is ordered. Our company is accustomed to the practices and requirements obligatory to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, assuring the highest degree of privacy for you.
Many people do not understand that the IRS needs reports filed to support the numbers involved in estate sales.
An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. In having a report supported by James Earp Appraisal Service's professional appraisers, you will have the knowledge that the numbers shown in the appraisal will clearly demonstrate to the NC agencies that the numbers used are well founded and correct.
James Earp Appraisal Service guarantees an accurate appraisal report, which will give an executor definite facts and numbers that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever challenged.
One of the most important requirements in a report is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion.