Appraisals for Estate Settlement by Kalen MillsSettling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and with as much dignity as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved. Lawyers and accountants count on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. Usually, all parties will have different ideas of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. Among our staff, we are accustomed to dealing with the courts in supplying appraisals that meet their needs. Contact us as soon as possible to discuss your personal estate appraisal requirements and how we can put our experience to work for you. Commonly, settling an estate requires an accurate appraisal report to suggest fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, it's possible the time an appraisal is needed will differ the date of death. Our company is knowledgeable about the procedures and requirements necessary to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, providing the highest degree of discretion for you and your loved ones. The requirement of ordering an appraisal report when cooperating with government agencies to show income when filing documents is often misunderstood by most people. Opinions of value shown in documents filed with the revenue authorities absolutely should be backed by a detailed report as to how the appraiser came to his conclusions. In having a report supported by Kalen Mills 's expert staff, you will have the peace of mind that the numbers provided in the appraisal will clearly demonstrate to the IRS that the numbers used are accurate and substantiated. Kalen Mills will provide an well-founded report, which will give an executor clear facts and figures that will meet IRS and revenue agency requirements. You need not stress over anything, because Kalen Mills will be there to back up our appraisals if they are ever refuted. An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. |