Estate Settlement Appraisals in IA by Ihns Appraisal Inc.
Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone left behind.
Lawyers and accountants depend on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. We are sympathetic to their needs and are acclimated to dealing with all parties involved. Among our staff, we are used to working with legal agencies in producing reports that out-strip their requirements.
Contact us promptly to discuss your individual estate appraisal essentials and how we can put our knowledge to work for you.
Generally, settling an estate requires an irrefutable appraisal report to determine fair market value for the house to the satisfaction of the parties involved. We understand that in this time of loss, even thinking about an appraisal report is the furthest thought from your mind. So, we understand that the date an appraisal is needed will be different from the date of death. Ihns Appraisal Inc. assures that we are familiar with the procedures and requirements requested by revenue services to supply a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, guaranteeing the strongest degree of discretion for you and your loved ones.
Most people don't realize that the IRS needs information filed to explain the numbers involved in estate sales.
Opinions of value used in documents provided to the revenue authorities absolutely should be backed by a detailed report as to how the appraiser arrived at his conclusions. Such a report will certainly demonstrate to the IRS that the numbers used are well-founded and substantiated.
Ihns Appraisal Inc. will provide an substantiated appraisal report, which will provide an executor accurate facts and figures that will exceed IRS and revenue agency requirements. There's no need to be stressed out when getting an appraisal from us, because we will back it no matter what.
An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions.