![]() Appraisals for Estate Settlement by Professional ClosingsThe 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 swiftly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind. Part of Professional Closings's mission statement is to provide top-notch, ethical appraisals that lawyers can rely on. Usually, everyone involved will have different suggestions of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. Among our staff, we are used to dealing with legal agencies in writing appraisal reports that meet their requirements. Contact us immediately to discuss your specific estate appraisal essentials and how we can put our knowledge to work for you. Settling an estate commonly depends on an appraisal to establish fair market value for the residential property in question. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Of course, it's expected that you need to be there for your loved ones first. Professional Closings assures that we are accustomed to the procedures and requirements requested by the IRS and GA revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, ensuring the highest degree of discretion for you and your loved ones. People often forget that the IRS needs documents filed to show the numbers involved in estate sales. Opinions of value used in documents filed with the revenue authorities definitely should be supported by an accurate report as to how the appraiser acquired his conclusions. A report of this caliber will clearly show the evidence that the numbers expressed within the report are well-founded and accurate. Having a professional report from Professional Closings gives the executor irrefutable facts and figures to work with in going beyond IRS and GA state agency requirements. There's no need to worry when getting an appraisal from us, because we will support it no matter what. One of the most necessary requirements in an appraisal is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. |