Property Valuations for Estate Settlement by Owen Appraisal Service LLC
The responsibility 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 departed as swiftly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.
Part of Owen Appraisal Service LLC's company goal is to supply top-notch, ethical appraisals that lawyers can depend on. There are required needs for everyone; we comprehend these requirements and are comfortable to dealing with all parties involved. We write appraisal reports that surpass the needs of the courts and different agencies.
Contact us promptly to discuss your precise estate appraisal essentials and how we can put our knowledge to work for you.
Settling an estate most often demands an appraisal to show fair market value for the estate involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Of course, it's imperative to comfort your loved ones first. Owen Appraisal Service LLC assures that our staff are knowledgeable about the procedures and requirements needed by the IRS and PA revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, guaranteeing the highest degree of privacy for all parties involved.
The requirement of owning a real estate appraisal when cooperating with revenue services to explain 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. A report of this caliber will definitely substantiate your claim that the numbers displayed within the report are well-founded and accurate.
Owen Appraisal Service LLC will provide an detailed report, which will provide an executor accurate facts and numbers that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever refuted.
One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion.