Property Valuations for Estate Settlement by Double J Appraisals, LLC.
The task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.
Part of Double J Appraisals, LLC.'s focus is to supply top-notch, ethical appraisals that attorneys can depend on. There are required needs for everyone; we comprehend these necessities and are used to to dealing with all parties involved. In our company, we are used to working with legal agencies in assembling reports that exceed their demands.
Contact us promptly to discuss your individual estate appraisal demands and how we can put our experience to work for you.
Generally, settling an estate necessitates an accurate appraisal report to show fair market value for the property to the satisfaction of the parties involved. We understand that in this time of loss, acquiring an appraisal report is the furthest thought from your mind. Due to this, it is possible that the time of death differs from the time the appraisal is requested. Double J Appraisals, LLC. assures that our appraisers are comfortable with the procedures and requirements needed by the IRS and MI revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, guaranteeing the strongest degree of discretion for you and your loved ones.
Most people don't realize that the IRS requires information filed to explain the numbers involved in estate sales.
One of the most important requirements in a report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and substantiated.
An executor will be satisfied by an appraisal by Double J Appraisals, LLC. which will provide him solid facts and numbers to deal with the IRS and MI state agencies' requirements. You need not stress over anything, because Double J Appraisals, LLC. will be there to stand by our reports if they are ever challenged.
A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.