LHC Appraisals understands the special needs of estate executors
Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone left behind.
Attorneys and accountants count on our understanding when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. We are sympathetic to their needs and are used to helping with all parties involved. We compose appraisal reports that outdo the obligations of the legal system and other groups.
Contact us immediately to discuss your personal estate appraisal essentials and how we can put our knowledge to work for you.
Usually, settling an estate necessitates an irrefutable appraisal report to establish fair market value for the house to the satisfaction of the parties involved. We know that when you lose a loved one, ordering an appraisal report is the furthest thought from your mind. So, there's a chance the date an appraisal report is requested will be different from the date of death. LHC Appraisals assures that our staff are familiar with the procedures and requirements requested by revenue services 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 stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, assuring the highest degree of privacy for you and your loved ones.
Many people do not understand that the IRS needs documents filed to express the numbers involved in estate sales.
An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. This sort of report will clearly show the evidence that the numbers displayed within the report are well-founded and accurate.
LHC Appraisals ensures an substantiated appraisal report, which will provide an executor accurate facts and figures that will exceed IRS and state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever refuted.
Opinions of value used in documents filed with the revenue authorities absolutely should be backed by an accurate report as to how the appraiser arrived at his conclusions.
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