Estate Settlement Appraisals in NC by Watson Appraisal Services, Inc
Estate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.
Part of Watson Appraisal Services, Inc's drive is to create top-notch, ethical appraisals that lawyers can rely on. We realize their needs and are familiar with working with all parties involved. In our company, we are accustomed to working with legal agencies in writing appraisal reports that exceed their demands.
Contact us immediately to discuss your personal estate appraisal essentials and how we can put our experience to work for you.
Generally, settling an estate necessitates an irrefutable appraisal report to ascertain fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, there is a chance that the date of death differs from the date the appraisal is required. Watson Appraisal Services, Inc assures that we are comfortable with the procedures and requirements requested by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, ensuring the strongest degree of privacy for all parties involved.
People often forget that the IRS requires information filed to explain the numbers involved in estate sales.
An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the NC agencies that the numbers used are accurate and substantiated.
Having a professional report from Watson Appraisal Services, Inc gives the executor solid facts and figures to work with in going beyond IRS and NC state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever challenged.
Opinions of value used in documents filed with the the IRS and NC state agencies absolutely should be supported by a detailed report as to how the appraiser arrived at his conclusions.