![]() Appraisals for Estate Settlement by Horne Realty & AppraisalsEstate 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 with as much dignity as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved. Lawyers and accountants rely on our ethics when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. There are required needs for everyone; we comprehend these needs and are acclimated to dealing with all parties involved. In our company, we are used to dealing with law offices in supplying appraisal reports that meet their requirements. Contact us promptly to discuss your unique estate appraisal essentials and how we can put our business acumen to work for you. Settling an estate generally requires an appraisal to determine fair market value for the property involved. We know that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. Because of this, often there can be times that the effective date of an appraisal differs from the time of death. Horne Realty & Appraisals assures that our appraisers are knowledgeable about the procedures and requirements needed by the IRS and NC revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, ensuring the strongest degree of discretion for all parties involved. Most people don't realize that the IRS requires documents filed to express the numbers involved in estate sales. A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. This sort of report will definitely demonstrate the evidence that the numbers within within the report are well-founded and accurate. Horne Realty & Appraisals guarantees an well-founded appraisal report, which will give an executor solid facts and numbers that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever refuted. Opinions of value displayed in documents provided to the revenue authorities definitely should be backed by a detailed report as to how the appraiser acquired his conclusions. |