Absolute Appraisal Services, LLC knows the special needs of estate executors
The responsibility 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 promptly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.
Lawyers and accountants count on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Often, all parties will have their own requirements of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. We create appraisal reports that meet the obligations of the legal system and different agencies.
Contact us promptly to discuss your exact estate appraisal essentials and how we can put our knowledge to work for you.
Commonly, settling an estate necessitates an clear appraisal report to suggest fair market value for the home to the satisfaction of the parties involved. We understand that in times like this, acquiring an appraisal is the furthest thought from your mind. Due to this, it is possible that the time of death differs from the time the appraisal is ordered. Absolute Appraisal Services, LLC assures that our appraisers are familiar with the procedures and requirements needed by the IRS and SC revenue agencies 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 ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, ensuring the strongest degree of discretion for all parties involved.
People often forget that the IRS requires documents filed to support the numbers involved in estate sales.
Opinions of value used in documents filed with the the IRS and SC state agencies absolutely should be supported by an accurate report as to how the appraiser arrived at his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and substantiated.
An executor will be ecstatic by an appraisal by Absolute Appraisal Services, LLC which will give him undeniable facts and figures to deal with the IRS and SC state agencies' requirements. You need not worry over anything, because we will be there to support our appraisals if they are ever refuted.
One of the most important requirements in an appraisal is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion.