Estate Settlement Appraisals in MA by Race Appraisal Services, LLC
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 promptly and exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.
Attorneys and accountants rely on our ideals when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. There are specific needs for everyone; we comprehend these necessities and are familiar to working with all parties involved. We offer appraisal reports that meet the requirements of the courts and different agencies.
Contact us as soon as possible to discuss your exact estate appraisal requirements and how we can put our experience to work for you.
Settling an estate commonly demands an appraisal to show fair market value for the estate involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, often there will be times that the effective date of an appraisal report differs from the date of your loss. Race Appraisal Services, LLC assures that we are comfortable with the procedures and requirements needed by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, providing the highest degree of privacy for you and your loved ones.
Many times, people do not fully appreciate the necessity in having a comprehensive real estate appraisal produced in support of the numbers being used in general documents filed with the IRS.
An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. This sort of report will clearly show your claim that the numbers within within the report are well-founded and accurate.
Race Appraisal Services, LLC ensures an well-founded appraisal, which will provide an executor definite facts and figures that will meet IRS and state agency requirements. You need not worry over anything, because we will be there to support our work if they are ever refuted.
Opinions of value used in documents provided to the revenue authorities definitely should be supported by an accurate report as to how the appraiser arrived at his conclusions.
Got a Question?
Do you have a question relating to real estate appraisals? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.