Smith Appraisals understands the special needs of estate executorsSettling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as quickly and with as much dignity as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved. Lawyers and accountants depend on our understanding when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. There are required needs for everyone; we comprehend these requirements and are familiar to dealing with all parties involved. We compose appraisal reports that surpass the necessities of the legal system and other groups. Contact us promptly to discuss your personal estate appraisal requirements and how we can put our knowledge 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. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, now and then the date of death differs from the time the appraisal is requested. Our professional staff is familiar with the procedures and requirements necessary to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, providing the strongest degree of privacy for you. The requirement of needing an appraisal report when working with revenue services to explain income when filing documents is often unknown by most people. A comprehensive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. In having a report backed by Smith Appraisals's expert appraisers, you will have the peace of mind that the numbers displayed in the report will certainly demonstrate to the IRS that the numbers used are well founded and correct. An executor will be over-joyed by a report by Smith Appraisals which will give him solid facts and numbers to cooperate with the IRS and WV state agencies' requirements. You need not be concerned over anything, because we will be there to stand by our appraisals if they are ever challenged. Opinions of value shown in documents filed with the the IRS and WV state agencies definitely should be supported by a detailed report as to how the appraiser came to his conclusions. |