Appraisals for Estate Settlement by Total Appraisal Services

The responsibility 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 sensitivity to the feelings of everyone involved.

Lawyers and accountants rely on our conduct when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. Often, everyone involved will have different requirements of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. Among our staff, we are accustomed to working with law offices in assembling reports that surpass their requirements.

Settling an estate usually depends on an appraisal to acquire fair market value for the residential property affected. We understand that in times like this, even thinking about an appraisal report is the furthest thought from your mind. Of course, you need to take care of your family first. Total Appraisal Services assures that we are comfortable with the procedures and requirements needed by revenue services to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, ensuring the highest degree of discretion for you and your family.

The necessity of needing an appraisal report when cooperating with the IRS to prove income when filing documents is often misunderstood by most people.

One of the most essential requirements in a report is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. This sort of report will clearly show the evidence that the numbers within within the report are well-founded and accurate.

Having a professional appraisal report from Total Appraisal Services gives the executor undeniable facts and figures to work with in going beyond IRS and PA state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever challenged.

One of the most necessary requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.