Property Valuations for Estate Settlement by Mark Neal Real Estate AppraisalsThe task of settling an estate, often a source of stress, is very important. It's up to you as a trustee 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 sympathy to the feelings of everyone involved.Part of Mark Neal Real Estate Appraisals's focus is to supply top-notch, ethical appraisals that lawyers can depend on. There are required needs for everyone; we are sympathetic to these needs and are used to working with all parties involved. Because of our experience in dealing with the legal system and other agencies, we construct reports that always transcend all expectations.
Commonly, settling an estate requires a clear appraisal report to ascertain market value for the house to the satisfaction of the parties involved. We sympathize that when you lose a loved one, even thinking about an appraisal report is the furthest thought from your mind. So, it's possible the date an appraisal report is needed will be different from the date of death. Mark Neal Real Estate Appraisals assures that we are accustomed to the procedures and requirements needed by revenue services to produce a retrospective appraisal with an effective date and market value estimate matching the exact date your loved one passed away. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, assuring the fullest degree of discretion for all parties involved. Most people don't realize that the IRS needs documents filed to support the numbers involved in estate sales. Opinions of value used in documents filed with the IRS and Virginia agencies definitely should be backed by a detailed report as to how the appraiser acquired his conclusions. Such a report will clearly demonstrate to the Virginia agencies that the numbers used are well-founded and correct. Mark Neal Real Estate Appraisals ensures an accurate report, which will provide an executor clear facts and numbers that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever refuted. |