Property Valuations for Estate Settlement by Preferred Appraisers, Inc.
The job 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 with as much dignity as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone left behind.
Part of Preferred Appraisers, Inc.'s mission statement is to produce top-notch, ethical appraisals in Gloucester, Camden, Salem, Burlington and Cumberland counties that lawyers can rely on. We understand their needs and are accustomed to working with all parties involved. Among our staff, we are used to working with legal agencies in creating appraisal reports that exceed their demands.
Contact us immediately to discuss your precise estate appraisal essentials and how we can put our knowledge to work for you.
Usually, settling an estate requires an detailed appraisal report to acquire fair market value for the property to the satisfaction of the parties involved. We know that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. Because of this, now and then there are times that the effective date of an appraisal report deviates from the date of your loss. We are comfortable with the systems and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, assuring the strongest degree of discretion for all parties involved.
Many people do not understand that the IRS needs reports filed to explain the numbers involved in estate sales.
An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the NJ agencies that the numbers used are accurate and substantiated.
Having a professional appraisal report from Preferred Appraisers, Inc. gives the executor solid facts and figures to work with in exceeding IRS and NJ state agency requirements. There's no need to worry when getting an appraisal from us, because we will stand by it no matter what.
Opinions of value used in documents provided to the revenue authorities definitely should be supported by an exhaustive report as to how the appraiser came to his conclusions.