![]() Property Valuations for Estate Settlement by Valley Appraisals LLCEstate 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 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. Lawyers and accountants rely on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. Often, the parties involved will have their own suggestions of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. In our company, we are accustomed to working with the courts in composing reports that meet their necessities. Contact us immediately to discuss your personal estate appraisal requirements and how we can put our knowledge to work for you. Settling an estate usually depends on an appraisal to suggest fair market value for the home therein. We empathize that in times like this, even thinking about an appraisal is the furthest thought from your mind. Because of this, often there are times that the date of an appraisal differs from the date of your loss. Our professional staff is knowledgeable about the procedures and requirements necessary to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, assuring the highest degree of privacy for all parties involved. The requirement of ordering an appraisal when working with government agencies to show income when filing documents is often unknown by most people. Opinions of value shown in documents filed with the the IRS and VA state agencies absolutely should be supported by an exhaustive report as to how the appraiser acquired his conclusions. In having a report supported by Valley Appraisals LLC's expert appraisers, you will have the understanding that the numbers displayed in the report will certainly demonstrate to the IRS that the numbers used are well founded and substantiated. Having a professional report from Valley Appraisals LLC gives the executor definite facts and figures to work with in exceeding IRS and VA state agency requirements. There's no need to be concerned when getting a report from us, because we will back it no matter what. Opinions of value shown in documents filed with the the IRS and VA state agencies definitely should be supported by an exhaustive report as to how the appraiser arrived at his conclusions. |