![]() Appraisals for Estate Settlement by T DanielsThe 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 quickly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement. Part of T Daniels's company goal is to supply top-notch, ethical appraisals that attorneys can depend on. We cater to their needs and are acclimated to helping with all parties involved. We compose appraisal reports that meet the necessities of the legal system and other groups. Contact us today to discuss your specific estate appraisal demands and how we can put our knowledge to work for you. Settling an estate usually demands an appraisal to ascertain fair market value for the home involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Because of this, often there will be times that the effective date of an appraisal differs from the time of death. We are comfortable with 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 ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, assuring the fullest degree of discretion for you. The requirement of needing an appraisal report when cooperating with the IRS to prove income when filing documents is often unknown by most people. An exhaustive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and substantiated. An executor will be ecstatic by a report by T Daniels which will give him irrefutable facts and figures to work with the IRS and PA state agencies' requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever challenged. Opinions of value shown in documents filed with the the IRS and PA state agencies definitely should be supported by an accurate report as to how the appraiser acquired his conclusions. |