Triangle Residential Valuations understands the special needs of estate executors
The task of settling an estate, often a source of stress 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.
Lawyers and accountants rely on our ideals when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. We are sympathetic to their needs and are accustomed to dealing with all parties involved. We supply appraisal reports that meet the needs of the legal system and assorted agencies.
Contact us today to discuss your individual estate appraisal essentials and how we can put our experience to work for you.
Commonly, settling an estate requires an irrefutable appraisal report to establish fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. So, we understand that the date an appraisal report is needed will not match the date of death. Our staff is knowledgeable about the systems and requirements necessary to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, ensuring the fullest degree of discretion for you.
Most people don't realize that the IRS needs documents filed to show the numbers involved in estate sales.
One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. A report of this caliber will definitely show the evidence that the numbers within within the report are well-founded and accurate.
Triangle Residential Valuations guarantees an substantiated appraisal, which will provide an executor definite facts and numbers that will exceed IRS and state agency requirements. There's no need to have anything but peace of mind when getting a report from us, because we will back it no matter what.
Opinions of value used in documents provided to the the IRS and NC state agencies definitely should be supported by an exhaustive report as to how the appraiser acquired his conclusions.