Property Valuations for Estate Settlement by Alford & Associates
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 swiftly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.
We've made a name for ourselves in providing the best appraisals that lawyers and accountants have come to depend on. We cater to their needs and are used to dealing with all parties involved. Among our staff, we are used to interacting with law offices in composing appraisals that meet their necessities.
Contact us as soon as possible to discuss your specialized estate appraisal essentials and how we can put our business acumen to work for you.
Usually, settling an estate necessitates an extensive appraisal report to determine fair market value for the property to the satisfaction of the parties involved. We empathize that in this time of loss, acquiring an appraisal is the furthest thought from your mind. Of course, you have to be there for your family first. Our company is accustomed to the systems and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, providing the strongest degree of discretion for all parties involved.
People often forget that the IRS needs information filed to express the numbers involved in estate sales.
A comprehensive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the IRS that the numbers used are well-founded and correct.
An executor will be ecstatic by an appraisal by Alford & Associates which will provide him undeniable facts and figures to cooperate with revenue agencies' requirements. You need not stress over anything, because Alford & Associates will be there to stand by our work if they are ever challenged.
Opinions of value displayed in documents provided to the the IRS and NC state agencies absolutely should be supported by an accurate report as to how the appraiser came to his conclusions.