Property Valuations for Estate Settlement by Good Look Appraisals
The job 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 exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.
Part of Good Look Appraisals's drive is to offer top-notch, ethical appraisals that lawyers can depend on. Generally, all parties will have different expectations of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. We produce appraisal reports that outdo the obligations of the courts and other agencies.
Contact us today to discuss your precise estate appraisal essentials and how we can put our business acumen to work for you.
Settling an estate usually requires an appraisal to show fair market value for the residential property therein. We know that in times like this, acquiring an appraisal is the furthest thought from your mind. Due to this, often the date of death differs from the date the appraisal is required. Good Look Appraisals assures that our appraisers are familiar with the procedures and requirements requested by the IRS and GA revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, certifying the highest degree of privacy for all parties involved.
The requirement of ordering an appraisal when dealing with revenue services to show income when filing documents is often not considered by most people.
A comprehensive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. In having a report supported by Good Look Appraisals's expert appraisers, you will have the knowledge that the numbers shown in the report will certainly demonstrate to the authorities that the numbers used are accurate and correct.
Good Look Appraisals ensures an detailed report, which will provide an executor accurate facts and figures that will exceed IRS and state agency requirements. There's no need to be concerned when getting a report from us, because we will support it no matter what.
One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.