Appraisals for Estate Settlement by Mike Jones AppraisalsSettling an estate is often stressful, but a very important job. As a trustee, you've been given the authority to carry out the wishes of a loved one as promptly and attentively as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.
Lawyers and accountants count on our conduct when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. We comprehend their needs and are accustomed to working with all parties involved. We offer appraisal reports that out-strip the needs of the legal system and assorted agencies.
Usually, settling an estate necessitates an extensive appraisal report to determine 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. Of course, it's imperative to be there for your loved ones first. Mike Jones Appraisals assures that our appraisers are comfortable with the procedures and requirements needed by revenue services to perform a retrospective appraisal with an effective date and 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) conforms our appraisers to confidentiality, providing the highest degree of privacy for you and your family.
The requirement of ordering an appraisal report when cooperating with the IRS to prove income when filing documents is often unknown by most people.
Opinions of value used in documents filed with revenue authorities absolutely should be supported by an exhaustive report as to how the appraiser acquired his conclusions. This sort of report will definitely substantiate the evidence that the values within the report are well-founded and accurate.
Having a professional appraisal from Mike Jones Appraisals gives the executor solid facts and figures to work with in going beyond IRS and Iowa state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever challenged.