Appraisals for Estate Settlement by DMS Appraisal Services, LLC.
Estate settlement is an important and sometimes stressful task. 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 understanding to the feelings of everyone involved.
Lawyers and accountants count on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Often, everyone involved will have differing requirements of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. We furnish appraisal reports that surpass the requirements of the legal system and various agencies.
Contact us today to discuss your unique estate appraisal demands and how we can put our experience to work for you.
Settling an estate generally depends on an appraisal to establish fair market value for the house in question. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Because of this, now and then there are times that the effective date of an appraisal report deviates from the time of death. Our company is comfortable with the procedures and requirements necessary to perform 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 explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, assuring the strongest degree of discretion for you and your family.
People often forget that the IRS needs information filed to show the numbers involved in estate sales.
An accurate 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 certainly demonstrate your claim that the numbers displayed within the report are well-founded and accurate.
DMS Appraisal Services, LLC. will provide an substantiated appraisal report, which will give an executor clear facts and numbers that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever refuted.
One of the most essential requirements in a report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.