Integrated Assets knows the special needs of estate executors
The responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.
Lawyers and accountants rely on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Sometimes, all parties will have their own ideas of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. In our company, we are accustomed to interacting with the courts in producing appraisals that transcend their needs.
Contact us immediately to discuss your explicit estate appraisal requirements and how we can put our business acumen to work for you.
Usually, settling an estate necessitates an accurate appraisal report to suggest fair market value for the property to the satisfaction of the parties involved. We empathize that in times like this, acquiring an appraisal is the furthest thought from your mind. So, there's a chance the date an appraisal is ordered will not match the date of death. Our company is knowledgeable about the systems and requirements necessary to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, guaranteeing the highest degree of discretion for you and your family.
People often forget that the IRS needs documents filed to show the numbers involved in estate sales.
One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. In having a report backed by Integrated Assets's professional staff, you will have the knowledge that the numbers provided in the appraisal will definitely demonstrate to the authorities that the numbers used are well founded and correct.
An executor will be ecstatic by a report by Integrated Assets which will provide him undeniable facts and figures to work with revenue agencies' requirements. You need not be concerned over anything, because we will be there to support our reports if they are ever refuted.
Opinions of value displayed in documents provided to the revenue authorities definitely should be supported by a detailed report as to how the appraiser arrived at his conclusions.