Property Valuations for Estate Settlement by Daniel Duggan (301) 616 -0274Estate 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 compassion to the feelings of everyone in bereavement. Lawyers and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. There are specific needs for everyone; we realize these necessities and are used to to dealing with all parties involved. We construct appraisal reports that transcend the necessities of the legal system and different groups. Contact us as soon as possible to discuss your unique estate appraisal specifications and how we can put our experience to work for you. Usually, settling an estate requires an accurate appraisal report to suggest fair market value for the property to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, now and then there will be times that the date of an appraisal differs from the date of your loss. Our company is knowledgeable about the practices and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, guaranteeing the fullest degree of discretion for you. People often forget that the IRS requires documents filed to show the numbers involved in estate sales. An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. In having a report backed by Daniel Duggan (301) 616 -0274's professional appraisers, you will have the knowledge that the numbers displayed in the appraisal will clearly demonstrate to the IRS that the numbers used are accurate and substantiated. Having a professional appraisal from Daniel Duggan (301) 616 -0274 gives the executor solid facts and figures to work with in exceeding IRS and MD state agency requirements. You need not worry over anything, because we will be there to back up our reports if they are ever challenged. One of the most important requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. |