Property Valuations for Estate Settlement by Kent & Associates Appraisal
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 swiftly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.
Lawyers and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. There are specific needs for everyone; we understand these needs and are comfortable to dealing with all parties involved. Due to our experience in dealing with the courts and different agencies, we produce appraisal reports that definitely meet all expectations.
Contact us today to discuss your precise estate appraisal demands and how we can put our business acumen to work for you.
Commonly, settling an estate requires an accurate appraisal report to show 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. Due to this, it is possible that the time of death differs from the date the appraisal is ordered. Our company is knowledgeable about the practices and requirements obligatory to perform 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) binds us to confidentiality, ensuring the strongest degree of discretion for you.
Often, people do not fully acknowledge the importance in having a complete appraisal supplied in support of the numbers shown in tax documents filed with the IRS and WA state agencies.
One of the most important requirements in a report is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. In having a report backed by Kent & Associates Appraisal's expert appraisers, you will have the understanding that the numbers shown in the appraisal will clearly demonstrate to the IRS that the numbers used are well founded and correct.
Kent & Associates Appraisal ensures an detailed appraisal, which will give an executor definite facts and figures that will meet IRS and revenue agency requirements. You need not worry over anything, because Kent & Associates Appraisal will be there to support our work if they are ever refuted.
An exhaustive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions.