Appraisals for Estate Settlement by Watermark Appraisal Services
The job 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 quickly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.
Part of Watermark Appraisal Services's mission statement is to supply top-notch, ethical appraisals that lawyers can rely on. Sometimes, all parties will have different expectations 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 legal agencies in providing appraisals that meet their demands.
Contact us as soon as possible to discuss your specific estate appraisal demands and how we can put our experience to work for you.
Settling an estate commonly demands an appraisal to establish fair market value for the house in question. We understand that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. Because of this, often there are times that the date of an appraisal deviates from the time of death. Our staff is comfortable with the practices and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, guaranteeing the fullest degree of discretion for you and your family.
Most of the time people do not fully realize the requirement to have a detailed appraisal supplied in support of the numbers displayed in general documents filed with the IRS.
Opinions of value shown in documents filed with the revenue authorities absolutely should be supported by a comprehensive report as to how the appraiser arrived at his conclusions. In having a report supported by Watermark Appraisal Services's expert staff, you will have the understanding that the numbers shown in the appraisal report will certainly demonstrate to the IRS that the numbers used are accurate and substantiated.
An executor will be over-joyed by an appraisal report by Watermark Appraisal Services which will provide him solid facts and figures to cooperate with revenue agencies' requirements. There's no need to worry when getting a report from us, because we will back it no matter what.
One of the most necessary requirements in an appraisal report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion.