Property Valuations for Estate Settlement by Donofrio Appraisal Associates, Inc.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 exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement. Attorneys and accountants depend on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. There are specific needs for everyone; we realize these necessities and are comfortable to dealing with all parties involved. We supply appraisal reports that exceed the obligations of the courts and different groups. Contact us as soon as possible to discuss your exact estate appraisal requirements and how we can put our knowledge to work for you. Commonly, settling an estate requires an extensive appraisal report to determine fair market value for the property to the satisfaction of the parties involved. We understand that in times like this, even thinking about an appraisal is the furthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal report differs from the date of your loss. Our company is familiar with the practices and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, guaranteeing the highest degree of privacy for you and your family. Many people do not understand that the IRS requires documents filed to express the numbers involved in estate sales. One of the most significant requirements in a report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and correct. Donofrio Appraisal Associates, Inc. ensures an accurate report, which will give an executor solid facts and figures that will meet IRS and revenue agency requirements. You need not stress over anything, because Donofrio Appraisal Associates, Inc. will be there to stand by our work if they are ever challenged. An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. |