Property Valuations for Estate Settlement by TNC Appraisal Service, Inc.
The job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.
We've made it our company's goal in producing the best appraisals that lawyers and accountants have come to rely on. We are sympathetic to their needs and are accustomed to helping with all parties involved. We write appraisal reports that outdo the requirements of the legal system and different groups.
Contact us today to discuss your precise estate appraisal demands and how we can put our knowledge to work for you.
Generally, settling an estate necessitates an detailed appraisal report to determine fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Of course, you need to be there for your loved ones first. Our staff is knowledgeable about the procedures and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, certifying the highest degree of privacy for you and your family.
People often forget that the IRS requires documents filed to support the numbers involved in estate sales.
Opinions of value shown in documents provided to the revenue authorities definitely should be backed by a detailed report as to how the appraiser came to his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and substantiated.
Having a professional appraisal report from TNC Appraisal Service, Inc. gives the executor undeniable facts and figures to work with in meeting IRS and NJ state agency requirements. You need not worry over anything, because TNC Appraisal Service, Inc. will be there to support our reports if they are ever refuted.
One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion.