Estate Settlement Appraisals in IA by EZ Appraisals

Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and respectfully as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone left behind.

Lawyers and accountants rely on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Sometimes, the parties involved will have different expectations of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. Among our staff, we are used to working with the courts in composing reports that surpass their requirements.

Usually, settling an estate necessitates an extensive appraisal report to suggest fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Due to this, it is possible that the time of death differs from the date the appraisal is required. Our professional staff is familiar with the procedures and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, assuring the strongest degree of discretion for you.

People often forget that the IRS requires reports filed to express the numbers involved in estate sales.

Opinions of value used in documents provided to the the IRS and IA state agencies definitely should be backed by an exhaustive report as to how the appraiser acquired his conclusions. Such a report will certainly demonstrate to the IRS that the numbers used are accurate and substantiated.

EZ Appraisals ensures an accurate appraisal, which will give an executor definite facts and numbers that will meet IRS and state agency requirements. You need not stress over anything, because we will be there to back up our work if they are ever challenged.

One of the most necessary requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion.