Property Valuations for Estate Settlement by Gant Patrick R.E.
Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.
We've shown that we're experts in providing excellent appraisals that attorneys and accountants have come to depend on. Generally, all parties will have different suggestions of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. We furnish appraisal reports that out-strip the needs of the legal system and assorted groups.
Contact us as soon as possible to discuss your unique estate appraisal essentials and how we can put our experience to work for you.
Generally, settling an estate requires an extensive appraisal report to ascertain fair market value for the home to the satisfaction of the parties involved. We empathize that when you lose a loved one, acquiring an appraisal report is the furthest thought from your mind. So, we understand that the time an appraisal is needed will be different from the date of death. Our staff is accustomed to the practices and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, assuring the fullest degree of privacy for you and your loved ones.
Most people don't realize that the IRS requires documents filed to support the numbers involved in estate sales.
One of the most essential requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and substantiated.
An executor will be ecstatic by a report by Gant Patrick R.E. which will provide him irrefutable facts and numbers to cooperate with revenue agencies' requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever refuted.
One of the most necessary requirements in a report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.