Property Valuations for Estate Settlement by Pendleton AppraisalsSettling an estate is often stressful, but a very important job. It's up to you as a trustee to carry out the wishes of the deceased as swiftly and attentively as possible. You can count on us to respond quickly and with as much compassion to the feelings of everyone left behind.
Attorneys and accountants rely on our ethics when calculating real property values for estates, divorces, or other disputes requiring a value being determined for real property. There are specific needs for everyone; we cater to these requirements and are familiar with working with all parties involved. Because of our experience in dealing with attorneys and accountants and different agencies, we supply appraisal reports that always exceed all expectations.
Settling an estate generally requires an appraisal to determine market value for the estate involved. We empathize that in times like this, ordering an appraisal report is the furthest thought from your mind. Due to this, it is possible that the date of death differs from the time the appraisal is ordered. Our professional staff is familiar with the procedures and requirements obligatory to supply a retrospective appraisal with an effective date and market value estimate matching the date your loved one passed away. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, assuring the highest degree of discretion for all parties involved.
Many people do not understand that the IRS needs documents filed to support the numbers involved in estate sales.
Opinions of value displayed in documents provided to revenue authorities definitely should be backed by an accurate report as to how the appraiser arrived at his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are well-founded and substantiated.
Having a professional appraisal report from Pendleton Appraisals gives the executor irrefutable facts and figures to work with in exceeding IRS and North Carolina state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever refuted.