Estate Settlement Appraisals in WI by A & B Tax Service
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly 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 left behind.
Attorneys and accountants rely on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Usually, the parties involved will have differing ideas of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. We construct appraisal reports that out-strip the necessities of the courts and different agencies.
Contact us promptly to discuss your precise estate appraisal essentials and how we can put our experience to work for you.
Settling an estate most often demands an appraisal to establish fair market value for the estate involved. It's understandable that ordering an appraisal is the farthest thought from your mind. So, we understand that the time an appraisal is ordered will not match the date of death. Our company is comfortable with the practices and requirements obligatory to provide a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations stated 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 necessity of having an appraisal when working with revenue services to prove income when filing documents is often misunderstood by most people.
An exhaustive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and correct.
A & B Tax Service will provide an well-founded appraisal report, which will provide an executor accurate facts and figures that will meet IRS and revenue agency requirements. You need not worry over anything, because A & B Tax Service will be there to support our reports if they are ever challenged.
Opinions of value used in documents filed with the revenue authorities absolutely should be supported by an accurate report as to how the appraiser acquired his conclusions.