Appraisals for Estate Settlement by JOY ELLIOTT

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 promptly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved.

We've made a name for ourselves in supplying the best appraisals that attorneys and accountants have come to depend on. Sometimes, everyone involved will have differing requirements of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. In relation to our experience in working with the legal system and other agencies, we produce appraisals that always transcend all expectations.

Generally, settling an estate necessitates an accurate appraisal report to acquire fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, there's a chance the date an appraisal report is requested will deviate the date of death. Our professional staff is accustomed to the systems and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, providing the highest degree of privacy for all parties involved.

Many people do not understand that the IRS needs information filed to show the numbers involved in estate sales.

One of the most significant requirements in a report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. This sort of report will definitely substantiate the evidence that the numbers expressed within the report are well-founded and accurate.

Having a professional report from JOY ELLIOTT gives the executor irrefutable facts and figures to work with in exceeding IRS and VI state agency requirements. There's no need to worry when getting a report from us, because we will support it no matter what.

An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions.