LHC Appraisals knows the special needs of estate executors
Estate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.
Lawyers and accountants count on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. We realize their needs and are familiar with working with all parties involved. We produce appraisal reports that exceed the obligations of the legal system and other agencies.
Contact us today to discuss your individual estate appraisal demands and how we can put our experience to work for you.
Commonly, settling an estate necessitates an detailed appraisal report to show 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. Of course, it's imperative to comfort your loved ones first. LHC Appraisals assures that we are comfortable with the procedures and requirements needed by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, guaranteeing the highest degree of discretion for you and your family.
Many times, people do not fully fathom the necessity in having a complete real estate appraisal supplied in support of the numbers being used in tax documents filed with revenue authorities.
One of the most essential requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the authorities that the numbers used are accurate and substantiated.
LHC Appraisals will provide an well-founded report, which will give an executor definite facts and figures that will exceed IRS and revenue agency requirements. You need not worry over anything, because we will be there to stand by our work if they are ever challenged.
Opinions of value shown in documents filed with the revenue authorities definitely should be backed by an accurate report as to how the appraiser arrived at his conclusions.
Got a Question?
Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.