Appraisals for Estate Settlement by R. Scott Pierce Appraisal Services
Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as quickly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone left behind.
Attorneys and accountants rely on our ethics when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. Often, everyone involved will have differing requirements of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. We construct appraisal reports that exceed the necessities of the legal system and other agencies.
Contact us as soon as possible to discuss your personal estate appraisal essentials and how we can put our business acumen to work for you.
Generally, settling an estate requires an extensive appraisal report to acquire 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, it's possible the time an appraisal is requested will not match the date of death. R. Scott Pierce Appraisal Services assures that our staff are familiar with the procedures and requirements needed by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, guaranteeing the highest degree of privacy for you.
The necessity of needing an appraisal when working with the IRS to explain income when filing documents is often overlooked by most people.
One of the most essential requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. In having a report backed by R. Scott Pierce Appraisal Services's professional appraisers, you will have the understanding that the numbers displayed in the appraisal report will definitely demonstrate to the IRS that the numbers used are well founded and substantiated.
Having a professional report from R. Scott Pierce Appraisal Services gives the executor definite facts and figures to work with in meeting IRS and MS state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever challenged.
One of the most essential requirements in an appraisal is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion.