Estate Settlement Appraisals by Precision Valuation Services

The job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.

Part of Precision Valuation Service's drive is to create top-notch, ethical appraisals that attorneys can rely on. There are specific needs for everyone; we cater to these needs and are acclimated to dealing with all parties involved. In our company, we are accustomed to interacting with legal agencies in creating appraisals that meet their necessities.

Settling an estate usually demands an appraisal to show fair market value for the residential property affected. We understand that in this time of loss, ordering an appraisal is the furthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal report differs from the date of your loss. Precision Valuation Services assures that our staff are accustomed to the procedures and requirements requested by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, guaranteeing the highest degree of discretion for you and your loved ones.

People often forget that the IRS requires reports filed to show the numbers involved in estate sales.

One of the most important requirements in a report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. In having a report backed by Precision Valuation Service's professional staff, you will have the peace of mind that the numbers provided in the appraisal will clearly demonstrate to the IRS that the numbers used are accurate and substantiated.

An executor will be ecstatic by an appraisal by Precision Valuation Services which will show him solid facts and numbers to cooperate with any legal agency's requirements. You need not worry over anything, because we will be there to back up our reports if they are ever refuted.

Opinions of value shown in documents provided to the revenue authorities definitely should be backed by a detailed report as to how the appraiser arrived at their conclusions.