Estate Settlement Appraisals in NC by James Earp Appraisal Service
Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone left behind.
Lawyers and accountants rely on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. We comprehend their needs and are accustomed to dealing with all parties involved. In our company, we are used to working with the courts in assembling reports that surpass their requirements.
Contact us today to discuss your explicit estate appraisal essentials and how we can put our knowledge to work for you.
Settling an estate most often demands an appraisal to show fair market value for the property therein. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, now and then there will be times that the date of an appraisal differs from the time of death. James Earp Appraisal Service assures that our appraisers are comfortable with the procedures and requirements requested by the IRS and NC revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, providing the strongest degree of discretion for all parties involved.
Many people do not understand that the IRS needs information filed to show the numbers involved in estate sales.
An exhaustive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and correct.
Having a professional appraisal report from James Earp Appraisal Service gives the executor solid facts and figures to work with in going beyond IRS and NC state agency requirements. You need not be concerned over anything, because James Earp Appraisal Service will be there to stand by our work if they are ever refuted.
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.