Estate Settlement Appraisals in MS 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 deceased as quickly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.
Attorneys and accountants count on our conduct when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Generally, all parties will have differing requirements of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. Because of our familiarity in dealing with attorneys and accountants and other agencies, we construct reports that always transcend all expectations.
Contact us promptly to discuss your personal estate appraisal needs and how we can put our experience to work for you.
Settling an estate most often requires an appraisal to suggest fair market value for the house in question. It's understandable that thinking about an appraisal is the farthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal deviates from the date of your loss. Our professional staff is accustomed to the systems and requirements obligatory to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, providing the highest degree of discretion for you and your family.
Most people don't realize that the IRS requires documents filed to explain the numbers involved in estate sales.
An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. In having a report backed by R. Scott Pierce Appraisal Services's expert staff, you will have the peace of mind that the numbers provided in the report will clearly demonstrate to the MS agencies that the numbers used are accurate and correct.
R. Scott Pierce Appraisal Services will provide an well-founded report, which will give an executor clear facts and numbers that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever refuted.
Opinions of value displayed in documents provided to the revenue authorities definitely should be backed by an exhaustive report as to how the appraiser acquired his conclusions.