Property Valuations for Estate Settlement by Catawba Valley Appraisal
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.
Part of Catawba Valley Appraisal's mission statement is to provide top-notch, ethical appraisals that lawyers can rely on. We are sympathetic to their needs and are used to dealing with all parties involved. We create appraisal reports that out-strip the needs of the courts and different groups.
Contact us promptly to discuss your specialized estate appraisal needs and how we can put our knowledge to work for you.
Commonly, settling an estate requires an extensive appraisal report to acquire fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, often there can be times that the effective date of an appraisal differs from the time of death. Our professional staff is comfortable with the systems and requirements necessary to supply 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 requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, guaranteeing the highest degree of discretion for you and your loved ones.
Most of the time people do not fully realize the demand to have an exhaustive real estate appraisal supplied in support of the numbers being used in tax documents filed with the IRS and NC state agencies.
One of the most essential requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and correct.
Having a professional report from Catawba Valley Appraisal gives the executor undeniable facts and figures to work with in exceeding IRS and NC state agency requirements. There's no need to have anything but peace of mind when getting an appraisal from Catawba Valley Appraisal, because we will stand by it no matter what.
A comprehensive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions.