Appraisals for Estate Settlement by Swank Appraisal

Estate 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 swiftly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.

Lawyers and accountants count on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. Often, all parties will have different requirements of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. We provide appraisal reports that outdo the requirements of the legal system and different groups.

Contact us promptly to discuss your precise estate appraisal requirements and how we can put our knowledge to work for you.

Settling an estate commonly requires an appraisal to establish fair market value for the house affected. It's understandable that thinking about an appraisal is the farthest thought from your mind. So, it's possible the time an appraisal report is requested will deviate the date of death. Swank Appraisal assures that our appraisers are familiar with the procedures and requirements requested by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, ensuring the fullest degree of privacy for you and your loved ones.

Many people do not understand that the IRS requires reports filed to express 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. This sort of report will clearly demonstrate your claim that the numbers displayed within the report are well-founded and accurate.

Swank Appraisal will provide an substantiated report, which will provide an executor solid facts and figures that will exceed IRS and state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever refuted.

Opinions of value used in documents filed with the revenue authorities definitely should be supported by an accurate report as to how the appraiser arrived at his conclusions.