Race Appraisal Services, LLC understands the special needs of estate executors
The task 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 swiftly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.
Attorneys and accountants depend on our ideals when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. Usually, all parties will have their own requirements of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. We supply appraisal reports that exceed the obligations of the courts and assorted agencies.
Contact us today to discuss your personal estate appraisal needs and how we can put our knowledge to work for you.
Commonly, settling an estate necessitates an extensive appraisal report to determine fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. So, we understand that the date an appraisal report is requested will be different from the date of death. Race Appraisal Services, LLC assures that we are knowledgeable about the procedures and requirements needed by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, guaranteeing the highest degree of discretion for you and your loved ones.
The importance of needing an appraisal when dealing with the IRS to prove income when filing documents is often not considered by most people.
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. In having a report supported by Race Appraisal Services, LLC's professional staff, you will have the understanding that the numbers displayed in the appraisal report will clearly demonstrate to the IRS that the numbers used are accurate and correct.
An executor will be satisfied by a report by Race Appraisal Services, LLC which will provide him undeniable facts and figures to cooperate with revenue agencies' requirements. You need not worry over anything, because we will be there to stand by our reports if they are ever challenged.
One of the most necessary requirements in an appraisal is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion.
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