![]() Property Valuations for Estate Settlement by Dan DillonThe responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as promptly and respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved. Lawyers and accountants depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. There are required needs for everyone; we comprehend these requirements and are used to to working with all parties involved. In our company, we are accustomed to working with legal agencies in producing appraisal reports that exceed their requirements. Contact us today to discuss your individual estate appraisal needs and how we can put our business acumen to work for you. Commonly, settling an estate requires an detailed appraisal report to establish fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Of course, you have to comfort your family first. Dan Dillon assures that our staff are comfortable with the procedures and requirements needed by the IRS and NC revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, ensuring the strongest degree of discretion for you. Most of the time people do not fully acknowledge the requirement to have a complete appraisal produced in support of the numbers being used in tax documents filed with the IRS and NC state agencies. One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the IRS that the numbers used are well-founded and substantiated. An executor will be ecstatic by an appraisal by Dan Dillon which will show him undeniable facts and numbers to cooperate with revenue agencies' requirements. There's no need to be concerned when getting an appraisal from us, because we will back it no matter what. Opinions of value used in documents filed with the the IRS and NC state agencies absolutely should be backed by an accurate report as to how the appraiser acquired his conclusions. |