Appraisals for Estate Settlement by Cumming Appraisal Service
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and with as much dignity as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone in bereavement.
Attorneys and accountants count on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Generally, everyone involved will have differing requirements of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. Among our staff, we are used to interacting with legal agencies in assembling appraisal reports that out-strip their requirements.
Contact us promptly to discuss your explicit estate appraisal essentials and how we can put our experience to work for you.
Settling an estate generally demands an appraisal to acquire fair market value for the property involved. We empathize that in this time of loss, even thinking about an appraisal report is the furthest thought from your mind. So, we understand that the time an appraisal report is ordered will not match the date of death. Our staff is familiar with the systems and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, providing the strongest degree of discretion for you.
Most people don't realize that the IRS needs information filed to support the numbers involved in estate sales.
A comprehensive report showing the appraiser's opinion of value is necessary to back 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 correct.
Cumming Appraisal Service ensures an accurate appraisal, which will provide an executor solid facts and numbers that will meet IRS and state agency requirements. You need not stress over anything, because Cumming Appraisal Service will be there to support our work if they are ever refuted.
An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions.