Appraisals for Estate Settlement by First Choice Appraisal Services, Inc.Settling an estate is an important and sometimes stressful job. It's up to you as a trustee to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.
Lawyers and accountants depend on our conduct when calculating real property values for estates, divorces, or other disputes requiring a value being determined for real property. Usually, everyone involved will have differing requirements of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. In our company, we are accustomed to interacting with legal agencies in producing appraisal reports that out-strip their necessities.
Settling an estate commonly requires an appraisal to determine market value for the house affected. It's understandable that thinking about an appraisal is the farthest thought from your mind. Due to this, now and then the date of death differs from the time the appraisal is requested. First Choice Appraisal Services, Inc. assures that our appraisers are knowledgeable about the procedures and requirements needed by revenue services to produce a retrospective appraisal with an effective date and market value estimate matching the date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, ensuring the strongest degree of discretion for all parties involved.
People often forget that the IRS requires information filed to show the numbers involved in estate sales.
Opinions of value used in documents provided to the IRS and Florida agencies absolutely should be backed by an accurate report as to how the appraiser came to his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and substantiated.
Having a professional appraisal report from First Choice Appraisal Services, Inc. gives the executor undeniable facts and figures to work with in exceeding IRS and Florida state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever challenged.