Property Valuations for Estate Settlement by Home Appraisals of Central New Jersey
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as quickly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.
We've made a name for ourselves in supplying the best appraisals that lawyers and accountants have come to depend on. We understand their needs and are acclimated to dealing with all parties involved. In our company, we are used to interacting with law offices in assembling appraisal reports that meet their requirements.
Contact us immediately to discuss your specialized estate appraisal essentials and how we can put our knowledge to work for you.
Settling an estate commonly requires an appraisal to establish fair market value for the property affected. We empathize that in times like this, acquiring an appraisal report is the furthest thought from your mind. So, there's a chance the date an appraisal is ordered will deviate the date of death. Home Appraisals of Central New Jersey assures that our appraisers are familiar with the procedures and requirements needed by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, certifying the fullest degree of privacy for you and your loved ones.
The importance of owning an appraisal when working with the IRS to show income when filing documents is often unknown by most people.
One of the most necessary requirements in a report is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion. A report of this caliber will clearly substantiate your claim that the numbers expressed within the report are well-founded and accurate.
Home Appraisals of Central New Jersey ensures an accurate report, which will provide an executor solid facts and numbers that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever challenged.
Opinions of value shown in documents filed with the the IRS and NJ state agencies definitely should be supported by a comprehensive report as to how the appraiser came to his conclusions.