Appraisals for Estate Settlement by Bohannon Appraisal Service
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 quickly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.
We've made a name for ourselves in providing excellent appraisals that attorneys and accountants have come to depend on. There are required needs for everyone; we understand these needs and are acclimated to dealing with all parties involved. We furnish appraisal reports that outdo the requirements of the courts and different agencies.
Contact us as soon as possible to discuss your specific estate appraisal essentials and how we can put our business acumen to work for you.
Settling an estate generally depends on an appraisal to establish fair market value for the home in question. We empathize that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. So, we understand that the time an appraisal is needed will deviate the date of death. We are accustomed to the systems and requirements necessary to produce a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, assuring the strongest degree of discretion for you.
The necessity of having an appraisal report when dealing with the IRS to explain income when filing documents is often unknown by most people.
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. In having a report backed by Bohannon Appraisal Service's expert staff, you will have the understanding that the numbers displayed in the appraisal will definitely demonstrate to the authorities that the numbers used are accurate and correct.
Bohannon Appraisal Service guarantees an substantiated appraisal, which will provide an executor clear facts and figures that will exceed IRS and revenue agency requirements. There's no need to be stressed out when getting an appraisal from us, because we will back it no matter what.
Opinions of value used in documents filed with the revenue authorities definitely should be supported by a detailed report as to how the appraiser acquired his conclusions.