Estate Settlement Appraisals in Alabama by Garrison Appraisals, Inc.Estate settlement is an important and sometimes stressful task. As a trustee, you've been given the responsiblity to carry out the wishes of a loved one as swiftly and attentively as possible. You can count on us to act expeditiously and with as much sympathy to the feelings of everyone in bereavement.
Attorneys and accountants count on our ideals when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Usually, everyone involved will have differing expectations of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. Due to our familiarity in dealing with the courts and different agencies, we provide appraisals that definitely meet all expectations.
Settling an estate commonly demands an appraisal to determine market value for the home therein. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, there is a chance that the date of death differs from the date the appraisal is ordered. Our company is familiar with the procedures and requirements needed to produce a retrospective appraisal with an effective date and market value estimate matching the date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, ensuring the highest degree of privacy for all parties involved.
Often, people do not fully understand the necessity in having a true appraisal supplied in support of the figures displayed in general documents filed with the IRS and Alabama state agencies.
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 certainly demonstrate to the IRS that the numbers used are accurate and substantiated.
Having a professional appraisal report from Garrison Appraisals, Inc. gives the executor undeniable facts and figures to work with in exceeding IRS and Alabama state agency requirements. You need not be concerned over anything, because we will be there to back up our work if they are ever refuted.