Appraisals for Estate Settlement by Shamrock Appraisals, Inc.
Estate settlement is an important and sometimes stressful job. 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 understanding to the feelings of everyone in bereavement.
We've made a name for ourselves in producing the best appraisals that lawyers and accountants have come to depend on. There are required needs for everyone; we cater to these necessities and are used to to working with all parties involved. Among our staff, we are accustomed to working with the courts in providing reports that exceed their necessities.
Contact us promptly to discuss your unique estate appraisal specifications and how we can put our business acumen to work for you.
Generally, settling an estate requires an accurate appraisal report to suggest fair market value for the property to the satisfaction of the parties involved. We sympathize that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. Of course, it's imperative to take care of your family first. Shamrock Appraisals, Inc. assures that our staff are knowledgeable about the procedures and requirements requested by the IRS and AL revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, providing the fullest degree of discretion for you and your loved ones.
Many people do not understand that the IRS requires reports filed to show the numbers involved in estate sales.
One of the most significant requirements in a report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the IRS that the numbers used are well-founded and correct.
Having a professional appraisal from Shamrock Appraisals, Inc. gives the executor undeniable facts and figures to work with in exceeding IRS and AL state agency requirements. You need not be concerned over anything, because we will be there to stand by our work if they are ever refuted.
Opinions of value used in documents filed with the revenue authorities definitely should be backed by a comprehensive report as to how the appraiser acquired his conclusions.