Ace Valuations knows the special needs of estate executors
Estate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and with as much dignity as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone left behind.
Attorneys and accountants depend on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Generally, the parties involved will have their own suggestions of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. In relation to our experience in working with attorneys and accountants and various agencies, we assemble reports that always outdo all expectations.
Contact us promptly to discuss your specific estate appraisal essentials and how we can put our knowledge to work for you.
Generally, settling an estate necessitates an clear appraisal report to acquire fair market value for the home to the satisfaction of the parties involved. We understand that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. So, there's a chance the time an appraisal is needed will be different from the date of death. Ace Valuations assures that we are accustomed to the procedures and requirements requested by revenue services to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, providing the highest degree of privacy for all parties involved.
Many people do not understand that the IRS needs documents filed to show the numbers involved in estate sales.
One of the most important 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 well-founded and substantiated.
An executor will be ecstatic by an appraisal by Ace Valuations which will provide him irrefutable facts and figures to work with revenue agencies' requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever refuted.
An exhaustive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.