Race Appraisal Services, LLC knows the special needs of estate executors
The responsibility 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 quickly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement.
Attorneys and accountants count on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. We cater to their needs and are acclimated to working with all parties involved. We supply appraisal reports that transcend the necessities of the courts and assorted agencies.
Contact us as soon as possible to discuss your exact estate appraisal needs and how we can put our knowledge to work for you.
Settling an estate most often requires an appraisal to ascertain fair market value for the residential property therein. We understand that in this time of loss, acquiring an appraisal report is the furthest thought from your mind. Because of this, now and then there are times that the date of an appraisal report differs from the time of death. Race Appraisal Services, LLC assures that we are comfortable with the procedures and requirements requested by revenue services to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, certifying the fullest degree of privacy for you and your loved ones.
The necessity of having an appraisal when cooperating with government agencies to prove income when filing documents is often not considered by most people.
An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and substantiated.
Race Appraisal Services, LLC ensures an substantiated appraisal report, which will give an executor solid facts and figures that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever challenged.
An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.
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