Appraisals for Estate Settlement by J P Stein & Associates
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 promptly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.
We've made a name for ourselves in producing top-notch appraisals that lawyers and accountants have come to depend on. There are specific needs for everyone; we understand these necessities and are comfortable to dealing with all parties involved. In relation to our experience in dealing with the legal system and various agencies, we write appraisals that definitely outdo all expectations.
Contact us immediately to discuss your unique estate appraisal needs and how we can put our business acumen to work for you.
Generally, settling an estate necessitates an accurate appraisal report to acquire fair market value for the home to the satisfaction of the parties involved. We sympathize that in this time of loss, ordering an appraisal report is the furthest thought from your mind. Of course, you have to take care of your loved ones first. J P Stein & Associates assures that our staff are familiar with the procedures and requirements requested by the IRS and ID revenue agencies to provide 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 ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, assuring the fullest degree of privacy for you and your family.
Most people don't realize that the IRS needs reports filed to explain the numbers involved in estate sales.
Opinions of value shown in documents provided to the the IRS and ID state agencies definitely should be supported by an exhaustive report as to how the appraiser acquired his conclusions. Such a report will definitely demonstrate to the authorities that the numbers used are accurate and substantiated.
Having a professional appraisal report from J P Stein & Associates gives the executor definite facts and figures to work with in meeting IRS and ID state agency requirements. You need not worry over anything, because J P Stein & Associates will be there to support our reports if they are ever refuted.
One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.