Estate Settlement Appraisals in VA by Zion Realty Service Inc
The task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.
We've shown that we're experts in supplying top-notch appraisals that lawyers and accountants have come to rely on. We cater to their needs and are used to dealing with all parties involved. In our company, we are used to dealing with the courts in composing appraisals that transcend their requirements.
Contact us today to discuss your unique estate appraisal essentials and how we can put our experience to work for you.
Commonly, settling an estate requires an clear appraisal report to determine fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, it is possible that the time of death differs from the time the appraisal is requested. Our professional staff is knowledgeable about the procedures and requirements obligatory to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, certifying the strongest degree of privacy for you and your loved ones.
Most people don't realize that the IRS needs reports filed to support the numbers involved in estate sales.
Opinions of value shown in documents provided to the revenue authorities definitely should be supported by an exhaustive report as to how the appraiser acquired his conclusions. Such a report will certainly demonstrate to the IRS that the numbers used are accurate and correct.
Having a professional report from Zion Realty Service Inc gives the executor undeniable facts and figures to work with in meeting IRS and VA state agency requirements. You need not worry over anything, because Zion Realty Service Inc will be there to back up our reports if they are ever refuted.
Opinions of value used in documents filed with the revenue authorities absolutely should be supported by an accurate report as to how the appraiser came to his conclusions.