Appraisals 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 departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved.
Lawyers and accountants depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. There are specific needs for everyone; we understand these necessities and are familiar to working with all parties involved. We furnish appraisal reports that out-strip the obligations of the courts and other agencies.
Contact us as soon as possible to discuss your specific estate appraisal essentials and how we can put our business acumen to work for you.
Settling an estate usually depends on an appraisal to determine fair market value for the home in question. We empathize that in this time of loss, ordering an appraisal report is the furthest thought from your mind. So, we understand that the date an appraisal is ordered will not match the date of death. Our company is comfortable with the systems and requirements necessary to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, guaranteeing the fullest degree of discretion for all parties involved.
All too often, people do not fully understand the requirement to have a complete appraisal prepared in support of the numbers displayed in tax documents filed with revenue authorities.
Opinions of value used in documents filed with the the IRS and PA state agencies absolutely should be supported by an exhaustive report as to how the appraiser came to his conclusions. Such a report will definitely demonstrate to the PA agencies that the numbers used are accurate and substantiated.
Having a professional report from Ireland Appraisal Associates, LLC gives the executor definite facts and figures to work with in meeting IRS and PA state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever challenged.
A comprehensive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions.