Appraisals for Estate Settlement by R. Scott Pierce Appraisal Services
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 exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone left behind.
Part of R. Scott Pierce Appraisal Services's company goal is to produce top-notch, ethical appraisals that lawyers can depend on. There are specific needs for everyone; we cater to these needs and are acclimated to dealing with all parties involved. In relation to our experience in dealing with attorneys and accountants and various agencies, we create reports that always transcend all expectations.
Contact us today to discuss your personal estate appraisal specifications and how we can put our business acumen to work for you.
Settling an estate generally requires an appraisal to acquire fair market value for the property involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. So, there's a chance the time an appraisal report is ordered will differ the date of death. Our company is familiar with the systems and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, certifying the highest degree of privacy for all parties involved.
Many people do not understand that the IRS requires reports filed to show the numbers involved in estate sales.
One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. This sort of report will definitely substantiate your claim that the numbers expressed within the report are well-founded and accurate.
Having a professional appraisal 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. You need not be concerned over anything, because we will be there to back up our appraisals if they are ever challenged.
One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion.