Property Valuations for Estate Settlement by Greater Orlando Appraisal Assoc., Inc.
Estate 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 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 left behind.
Attorneys and accountants count on our conduct when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. There are required needs for everyone; we comprehend these needs and are used to to working with all parties involved. Due to our experience in working with the legal system and different agencies, we supply appraisal reports that definitely transcend all expectations.
Contact us promptly to discuss your specialized estate appraisal essentials and how we can put our business acumen to work for you.
Settling an estate most often requires an appraisal to suggest fair market value for the residential property in question. We understand that in this time of loss, even thinking about an appraisal report is the furthest thought from your mind. Of course, it's imperative to be there for your family first. Greater Orlando Appraisal Assoc., Inc. assures that we are familiar with the procedures and requirements needed by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, ensuring the strongest degree of discretion for all parties involved.
Most people don't realize that the IRS needs reports filed to show the numbers involved in estate sales.
An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. This sort of report will certainly demonstrate your claim that the numbers within within the report are well-founded and accurate.
Greater Orlando Appraisal Assoc., Inc. ensures an detailed report, which will give an executor clear facts and figures that will meet IRS and state agency requirements. You need not stress over anything, because we will be there to stand by our appraisals if they are ever challenged.
Opinions of value used in documents filed with the revenue authorities absolutely should be backed by a comprehensive report as to how the appraiser arrived at his conclusions.