Appraisals for Estate Settlement by Linda Bloom (203)625-9220
Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and with as much dignity as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone left behind.
Attorneys and accountants rely on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. We realize their needs and are familiar with dealing with all parties involved. We provide appraisal reports that out-strip the requirements of the courts and different groups.
Contact us promptly to discuss your personal estate appraisal demands and how we can put our knowledge to work for you.
Usually, settling an estate requires an extensive appraisal report to establish fair market value for the property to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Due to this, there is a chance that the time of death differs from the time the appraisal is needed. Our staff is knowledgeable about the procedures and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, ensuring the strongest degree of privacy for all parties involved.
Often, people do not fully realize the requirement to have a complete appraisal supplied in support of the numbers shown in general documents filed with the IRS and CT state agencies.
Opinions of value shown in documents provided to the the IRS and CT state agencies absolutely should be supported by an exhaustive report as to how the appraiser arrived at his conclusions. A report of this caliber will certainly demonstrate your claim that the numbers expressed within the report are well-founded and accurate.
An executor will be over-joyed by a report by Linda Bloom (203)625-9220 which will give him solid facts and numbers to deal with the IRS and CT state agencies' requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever challenged.
One of the most necessary requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.