Property Valuations for Estate Settlement by Salt Lake Appraising
The responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as promptly and exactly as possible. You can count on us to act quickly and with as much respect to the feelings of everyone in bereavement.
We've made a name for ourselves in providing excellent appraisals that attorneys and accountants have come to depend on. There are required needs for everyone; we comprehend these necessities and are used to to dealing with all parties involved. We construct appraisal reports that exceed the requirements of the courts and various groups.
Contact us as soon as possible to discuss your unique estate appraisal needs and how we can put our business acumen to work for you.
Commonly, settling an estate necessitates an irrefutable appraisal report to show fair market value for the property to the satisfaction of the parties involved. We sympathize that in this time of loss, ordering an appraisal report is the furthest thought from your mind. Because of this, now and then there are times that the effective date of an appraisal report deviates from the date of your loss. Our company is knowledgeable about the procedures and requirements obligatory to produce 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 ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, assuring the strongest degree of privacy for you and your family.
Most of the time people do not fully fathom the requirement to have a full appraisal produced in support of the numbers displayed in general documents filed with the IRS and UT state agencies.
Opinions of value used in documents filed with the revenue authorities absolutely should be supported by a comprehensive report as to how the appraiser arrived at his conclusions. Such a report will clearly demonstrate to the authorities that the numbers used are accurate and substantiated.
Having a professional appraisal from Salt Lake Appraising gives the executor undeniable facts and figures to work with in meeting IRS and UT state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever refuted.
Opinions of value shown in documents filed with the revenue authorities definitely should be backed by an accurate report as to how the appraiser came to his conclusions.