Property Valuations for Estate Settlement by Ireland Appraisal Associates, LLC
The job 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 swiftly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.
Attorneys and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. We understand their needs and are used to dealing with all parties involved. In relation to our experience in dealing with the courts and various agencies, we furnish appraisals that definitely outdo all expectations.
Contact us as soon as possible to discuss your precise estate appraisal essentials and how we can put our business acumen to work for you.
Commonly, settling an estate necessitates an extensive appraisal report to determine 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. Because of this, now and then there will be times that the date of an appraisal differs from the time of death. Ireland Appraisal Associates, LLC assures that our appraisers are knowledgeable about the procedures and requirements requested by the IRS and PA revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, assuring the strongest degree of privacy for you and your loved ones.
Often, people do not fully appreciate the necessity in having an intricate appraisal supplied in support of the numbers displayed in general documents filed with the IRS.
One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. In having a report supported by Ireland Appraisal Associates, LLC's expert appraisers, you will have the knowledge that the numbers displayed in the appraisal report will clearly demonstrate to the authorities that the numbers used are accurate and substantiated.
Having a professional report from Ireland Appraisal Associates, LLC gives the executor solid facts and figures to work with in going beyond IRS and PA state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever challenged.
Opinions of value used in documents provided to the the IRS and PA state agencies definitely should be supported by an exhaustive report as to how the appraiser came to his conclusions.