Property Valuations for Estate Settlement by Nagle Appraisal LLCThe job of settling an estate, often a source of stress, is not to be taken lightly. It's up to you as a trustee to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to respond expeditiously and with as much empathy to the feelings of everyone involved.
Attorneys and accountants depend on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Generally, all parties will have their own ideas of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. Due to our experience in working with the legal system and different agencies, we create reports that definitely outdo all expectations.
Settling an estate commonly requires an appraisal to show market value for the residential property involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Due to this, it is possible that the time of death differs from the date the appraisal is ordered. Nagle Appraisal LLC assures that our appraisers are comfortable with the procedures and requirements requested by revenue services to provide a retrospective appraisal with an effective date and market value estimate matching the date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, ensuring the fullest degree of privacy for all parties involved.
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. A report of this caliber will certainly substantiate the evidence that the values within the report are well-founded and accurate.
Nagle Appraisal LLC ensures a detailed report, which will provide an executor solid facts and figures that will meet IRS and state agency requirements. You need not be concerned over anything, because we will be there to support our work if they are ever challenged.