Property Valuations for Estate Settlement by ABJ Appraisals

Settling an estate is an important and sometimes stressful task. 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 sensitivity to the feelings of everyone involved.

We've shown that we're experts in supplying top-notch appraisals that attorneys and accountants have come to rely on. Usually, all parties will have different suggestions 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 dealing with attorneys and accountants and different agencies, we produce appraisal reports that definitely exceed all expectations.

Generally, settling an estate necessitates an extensive appraisal report to show fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. So, we understand that the date an appraisal report is ordered will differ the date of death. ABJ Appraisals assures that our appraisers are familiar with the procedures and requirements needed by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, assuring the highest degree of privacy for you and your loved ones.

People often forget that the IRS needs reports filed to support the numbers involved in estate sales.

One of the most significant requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. This sort of report will definitely substantiate the evidence that the numbers displayed within the report are well-founded and accurate.

ABJ Appraisals will provide an substantiated appraisal report, which will give an executor accurate facts and numbers that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever refuted.

Opinions of value displayed in documents provided to the revenue authorities absolutely should be backed by an exhaustive report as to how the appraiser acquired his conclusions.