Property Valuations for Estate Settlement by A & B Tax Service
The task of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the deceased 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 in bereavement.
Part of A & B Tax Service's drive is to produce top-notch, ethical appraisals that attorneys can depend on. We comprehend their needs and are accustomed to dealing with all parties involved. Due to our experience in dealing with the legal system and different agencies, we compose appraisals that always transcend all expectations.
Contact us immediately to discuss your explicit estate appraisal needs and how we can put our knowledge to work for you.
Commonly, settling an estate requires an clear appraisal report to show fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, it's possible the time an appraisal report is needed will deviate the date of death. Our company is comfortable with the practices and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, assuring the strongest degree of privacy for all parties involved.
People often forget that the IRS requires information filed to support the numbers involved in estate sales.
Opinions of value used in documents filed with the revenue authorities definitely should be supported by an exhaustive report as to how the appraiser acquired his conclusions. A report of this caliber will clearly demonstrate the evidence that the numbers expressed within the report are well-founded and accurate.
Having a professional appraisal report from A & B Tax Service gives the executor irrefutable facts and figures to work with in exceeding IRS and WI state agency requirements. You need not be concerned over anything, because we will be there to back up our reports if they are ever refuted.
An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions.