![]() Estate AppraisalsEstate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much empathy 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 cost being placed on real property. Generally, all parties will have their own suggestions of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. In our company, we are accustomed to working with the courts in creating reports that transcend their demands. Commonly, settling an estate necessitates an accurate appraisal report to show 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. Due to this, it is possible that the date of death differs from the date the appraisal is needed. Eastern Appraisal Company, Inc. assures that our staff are accustomed to the procedures and requirements requested by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, assuring the highest degree of discretion for you and your family. Many times, people do not fully realize the necessity in having a complete appraisal report prepared in support of the numbers displayed in general documents filed with the IRS and FL state agencies. Opinions of value shown in documents provided to the the IRS and FL state agencies absolutely should be backed by a comprehensive report as to how the appraiser acquired his conclusions. A report of this caliber will certainly substantiate the evidence that the numbers provided within the report are well-founded and accurate. Eastern Appraisal Company, Inc. guarantees an well-founded appraisal, which will give an executor accurate facts and figures that will exceed IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever refuted. One of the most necessary requirements in a report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. |