Property Valuations for Estate Settlement by R. Scott Pierce Appraisal Services
The job 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 respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone left behind.
We've made a name for ourselves in producing top-notch appraisals that lawyers and accountants have come to rely on. Generally, the parties involved will have differing ideas of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. Among our staff, we are used to working with legal agencies in providing appraisals that exceed their requirements.
Contact us promptly to discuss your explicit estate appraisal specifications and how we can put our business acumen to work for you.
Generally, settling an estate necessitates an clear appraisal report to acquire fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Of course, you have to take care of your family first. Our staff is comfortable with the practices and requirements necessary to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, providing the highest degree of privacy for you and your loved ones.
Many people do not understand that the IRS requires documents filed to explain the numbers involved in estate sales.
Opinions of value shown in documents provided to the revenue authorities absolutely should be backed by an exhaustive report as to how the appraiser acquired his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and correct.
R. Scott Pierce Appraisal Services guarantees an detailed report, which will provide an executor accurate facts and numbers that will exceed IRS and state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever refuted.
Opinions of value displayed in documents filed with the the IRS and MS state agencies definitely should be supported by an exhaustive report as to how the appraiser came to his conclusions.