Estate Taxes

In the event of the death of a family member all assets owned must be valued to establish the value as of the date of death for tax purposes. An appraisal is usually required to confirm Fair Market Value for the involved property. We are acquainted with the process necessary to accomplish a retroactive appraisal with an efficient date and Market Value coordinating the date of death. Guaranteeing the fullest measure of discretion, the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality.

Most often, people do not fully value the necessity to have a detailed real estate appraisal prepared in support of the numbers that are used in documents filed with revenue authorities.

Opinions of value used in documents filed with the revenue authorities should be supported by a detailed report as to how the appraiser arrived at his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well founded and substantiated.

Our values are relied on by accountants and attorneys when calculating real property values for estates, divorces, or other disputes that require a value being placed on real property. We provide appraisal reports meeting the requirements of the courts and various other agencies.

Possessing a professional appraisal affords the executor solid facts and figures to work with in meeting IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is challenged.

MENU