Property Valuations for Estate Settlement by GPS Appraisals
The job 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 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 in bereavement.
Part of GPS Appraisals's focus is to provide top-notch, ethical appraisals that lawyers can depend on. Generally, the parties involved will have their own requirements of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. Due to our experience in working with attorneys and accountants and other agencies, we write appraisals that definitely transcend all expectations.
Contact us as soon as possible to discuss your individual estate appraisal requirements and how we can put our business acumen to work for you.
Settling an estate most often requires an appraisal to establish fair market value for the home therein. We empathize that in times like this, acquiring an appraisal report is the furthest thought from your mind. So, we understand that the time an appraisal is ordered will deviate the date of death. GPS Appraisals assures that we are comfortable with the procedures and requirements needed by revenue services to produce 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 explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, guaranteeing the highest degree of privacy for you and your family.
Most of the time people do not fully acknowledge the demand to have a complete real estate appraisal supplied in support of the numbers displayed in tax documents filed with the IRS.
An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. This sort of report will definitely show the evidence that the numbers displayed within the report are well-founded and accurate.
An executor will be ecstatic by an appraisal report by GPS Appraisals which will provide him irrefutable facts and numbers to cooperate with revenue agencies' requirements. There's no need to worry when getting a report from GPS Appraisals, because we will stand by it no matter what.
Opinions of value used in documents provided to the revenue authorities definitely should be backed by a detailed report as to how the appraiser came to his conclusions.
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