Estate Settlement Appraisals in PA by Ed Cline Appraisals
The task of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the deceased 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 involved.
Part of Ed Cline Appraisals's focus is to supply top-notch, ethical appraisals that attorneys can rely on. Sometimes, all parties will have different expectations of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. Among our staff, we are used to interacting with the courts in creating appraisal reports that transcend their requirements.
Contact us immediately to discuss your exact estate appraisal essentials and how we can put our knowledge to work for you.
Usually, settling an estate requires an extensive appraisal report to ascertain fair market value for the property to the satisfaction of the parties involved. We empathize that when you lose a loved one, even thinking about an appraisal 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 required. We are comfortable with the systems and requirements necessary to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, ensuring the strongest degree of privacy for you and your family.
People often forget that the IRS requires documents filed to show the numbers involved in estate sales.
A comprehensive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. This sort of report will definitely demonstrate the evidence that the numbers within within the report are well-founded and accurate.
Ed Cline Appraisals will provide an detailed report, which will give an executor clear facts and numbers that will exceed IRS and state agency requirements. You need not be concerned over anything, because Ed Cline Appraisals will be there to back up our work if they are ever challenged.
One of the most important requirements in a report is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion.