Estate Settlement Appraisals in IA by T.H.E. Appraisers
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 deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.
Attorneys and accountants count on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. We understand their needs and are used to working with all parties involved. Among our staff, we are accustomed to interacting with the courts in creating appraisals that transcend their needs.
Contact us promptly to discuss your specialized estate appraisal specifications and how we can put our knowledge to work for you.
Commonly, settling an estate requires an extensive appraisal report to establish fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Due to this, it is possible that the date of death differs from the date the appraisal is ordered. Our professional staff is comfortable with the practices and requirements necessary to provide 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 us to confidentiality, ensuring the fullest degree of discretion for all parties involved.
People often forget that the IRS requires reports filed to explain the numbers involved in estate sales.
One of the most essential requirements in a report is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. A report of this caliber will definitely demonstrate your claim that the numbers expressed within the report are well-founded and accurate.
Having a professional appraisal from T.H.E. Appraisers gives the executor irrefutable facts and figures to work with in meeting IRS and IA state agency requirements. You need not stress over anything, because we will be there to stand by our work if they are ever refuted.
A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.