Appraisals for Estate Settlement by Lane Pritchard

Settling an estate 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 respectfully as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone in bereavement.

Lawyers and accountants depend on our conduct when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. There are required needs for everyone; we comprehend these requirements and are acclimated to dealing with all parties involved. In our company, we are used to dealing with legal agencies in creating reports that meet their requirements.

Contact us today to discuss your individual estate appraisal demands and how we can put our business acumen to work for you.

Settling an estate usually depends on an appraisal to determine fair market value for the property in question. It's understandable that thinking about an appraisal is the farthest thought from your mind. So, it's possible the time an appraisal is ordered will differ the date of death. We are knowledgeable about the systems and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, certifying the fullest degree of discretion for you.

The requirement of needing a real estate appraisal when working with government agencies to explain income when filing documents is often not considered by most people.

Opinions of value displayed in documents provided to the the IRS and VA state agencies absolutely should be backed by a comprehensive report as to how the appraiser acquired his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are accurate and substantiated.

Lane Pritchard ensures an accurate report, which will provide an executor accurate facts and numbers that will exceed IRS and revenue agency requirements. You need not worry over anything, because Lane Pritchard will be there to stand by our work if they are ever challenged.

One of the most important requirements in an appraisal report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.