Property Valuations for Estate Settlement by Daniel Todd Appraisal Services, LLC
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.
We've shown that we're experts in supplying the best appraisals that attorneys and accountants have come to depend on. There are required needs for everyone; we realize these necessities and are acclimated to working with all parties involved. We write appraisal reports that meet the obligations of the legal system and different groups.
Contact us today to discuss your specific estate appraisal requirements and how we can put our knowledge to work for you.
Settling an estate commonly demands an appraisal to determine fair market value for the home involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, often the date of death differs from the date the appraisal is needed. Our company is knowledgeable about the systems and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, guaranteeing the strongest degree of privacy for you and your loved ones.
Many people do not understand that the IRS needs information filed to show the numbers involved in estate sales.
One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the IRS that the numbers used are well-founded and substantiated.
Having a professional report from Daniel Todd Appraisal Services, LLC gives the executor definite facts and figures to work with in meeting IRS and IN state agency requirements. There's no need to worry when getting an appraisal from Daniel Todd Appraisal Services, LLC, because we will stand by it no matter what.
An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.