![]() Property Valuations for Estate Settlement by Elite AppraisalsSettling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as quickly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved. We've shown that we're experts in supplying the best appraisals that attorneys and accountants have come to depend on. There are required needs for everyone; we are sympathetic to these needs and are used to to working with all parties involved. Due to our experience in working with the legal system and other agencies, we produce appraisals that always outdo all expectations. Contact us immediately to discuss your personal estate appraisal specifications and how we can put our experience to work for you. Commonly, settling an estate necessitates an detailed appraisal report to establish fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Because of this, often there are times that the date of an appraisal report differs from the date of your loss. Our professional staff is familiar with the procedures and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, certifying the highest degree of discretion for all parties involved. Many times, people do not fully understand the requirement to have a full appraisal produced in support of the numbers being used in tax documents filed with the IRS. One of the most necessary requirements in an appraisal is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the OR agencies that the numbers used are accurate and correct. Having a professional appraisal report from Elite Appraisals gives the executor solid facts and figures to work with in exceeding IRS and OR state agency requirements. You need not stress over anything, because Elite Appraisals will be there to stand by our reports if they are ever refuted. Opinions of value displayed in documents filed with the the IRS and OR state agencies definitely should be supported by a detailed report as to how the appraiser acquired his conclusions. |