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 departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.
Attorneys and accountants depend on our understanding when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. There are specific needs for everyone; we cater to these needs and are used to to working with all parties involved. We compose appraisal reports that surpass the necessities of the courts and assorted agencies.
Contact us as soon as possible to discuss your individual estate appraisal needs and how we can put our experience to work for you.
Usually, settling an estate requires an extensive appraisal report to establish fair market value for the house to the satisfaction of the parties involved. We sympathize that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. Due to this, it is possible that the date of death differs from the time the appraisal is requested. Our professional staff is familiar with the practices and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, guaranteeing the highest degree of discretion for you.
Many people do not understand that the IRS needs reports filed to show the numbers involved in estate sales.
Opinions of value shown in documents provided to the the IRS and NC state agencies absolutely should be supported by an accurate report as to how the appraiser came to his conclusions. A report of this caliber will certainly show the evidence that the numbers within within the report are well-founded and accurate.
James Earp Appraisal Service ensures an well-founded report, which will provide an executor accurate facts and numbers that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever refuted.
Opinions of value used in documents filed with the revenue authorities definitely should be supported by a detailed report as to how the appraiser acquired his conclusions.