Appraisals for Estate Settlement by Ellis Appraisal Services, Inc.Estate settlement is often stressful, but a very important job. It's up to you as a trustee to carry out the wishes of the deceased as promptly and attentively as possible. You can count on us to respond expeditiously and with as much empathy to the feelings of everyone involved.
Attorneys and accountants depend on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Sometimes, all parties will have differing ideas of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. Among our staff, we are accustomed to working with legal agencies in producing reports that out-strip their demands.
Commonly, settling an estate requires a clear appraisal report to ascertain market value for the property to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, often there will be times that the date of an appraisal report differs from the time of death. Our staff is accustomed to the procedures and requirements necessary to provide a retrospective appraisal with an effective date and market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, ensuring the highest degree of discretion for you and your family.
Many people do not understand that the IRS requires information filed to express the numbers involved in estate sales.
Opinions of value shown in documents provided to the IRS and Florida agencies absolutely should be supported by an exhaustive report as to how the appraiser arrived at his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and correct.
Having a professional appraisal report from Ellis Appraisal Services, Inc. gives the executor undeniable facts and figures to work with in going beyond IRS and Florida state agency requirements. There's no need to be concerned when getting an appraisal from Ellis Appraisal Services, Inc., because we will back it no matter what.