Estate Settlement Appraisals in SC by Mitchell Real Estate Appraisals
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 quickly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved.
Attorneys and accountants rely on our understanding when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. We cater to their needs and are accustomed to dealing with all parties involved. Because of our experience in working with attorneys and accountants and various agencies, we produce appraisals that always outdo all expectations.
Contact us as soon as possible to discuss your exact estate appraisal demands and how we can put our knowledge to work for you.
Settling an estate usually requires an appraisal to suggest fair market value for the estate in question. It's understandable that thinking about an appraisal is the farthest thought from your mind. Because of this, now and then there can be times that the effective date of an appraisal report deviates from the time of death. Mitchell Real Estate Appraisals assures that our staff are knowledgeable about the procedures and requirements needed by the IRS and SC revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, certifying the fullest degree of privacy for you and your family.
Most people don't realize that the IRS requires documents filed to show the numbers involved in estate sales.
Opinions of value used in documents provided to the the IRS and SC state agencies absolutely should be backed by an accurate report as to how the appraiser acquired his conclusions. In having a report backed by Mitchell Real Estate Appraisals's professional staff, you will have the knowledge that the numbers provided in the report will certainly demonstrate to the IRS that the numbers used are accurate and correct.
Having a professional appraisal report from Mitchell Real Estate Appraisals gives the executor solid facts and figures to work with in exceeding IRS and SC state agency requirements. You need not worry over anything, because Mitchell Real Estate Appraisals will be there to stand by our work if they are ever challenged.
One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion.