Estate Settlement Appraisals by B. Russell Valuation
The task of settling an estate, often a source of stress is very important. 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.
We've made it our company's goal in producing top-notch appraisals that lawyers and accountants have come to rely on. We comprehend their needs and are used to dealing with all parties involved. We assemble appraisal reports that meet the requirements of the courts and other groups.
Contact us immediately to discuss your explicit estate appraisal demands and how we can put our business acumen to work for you.
Generally, settling an estate necessitates an irrefutable appraisal report to suggest fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. So, there's a chance the time an appraisal is ordered will deviate the date of death. B. Russell Valuation assures that our staff are comfortable with the procedures and requirements needed by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, guaranteeing the strongest degree of privacy for all parties involved.
Many people do not understand that the IRS requires documents filed to express the numbers involved in estate sales.
Opinions of value used in documents filed with the revenue authorities definitely should be supported by a detailed report as to how the appraiser acquired his conclusions. In having a report supported by B. Russell Valuation's professional appraisers, you will have the understanding that the numbers displayed in the report will clearly demonstrate to the agencies that the numbers used are well founded and correct.
Having a professional appraisal report from B. Russell Valuation gives the executor solid facts and figures to work with in meeting IRS and MN state agency requirements. You need not be concerned over anything, because B. Russell Valuation will be there to support our work if they are ever challenged.
Opinions of value shown in documents filed with the revenue authorities absolutely should be supported by a detailed report as to how the appraiser acquired his conclusions.