Appraisals for Estate Settlement by First Source Appraisals INC

Estate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone left behind.

Attorneys and accountants count on our conduct when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. We understand their needs and are familiar with helping with all parties involved. Among our staff, we are accustomed to working with the courts in producing appraisals that out-strip their necessities.

Contact us immediately to discuss your individual estate appraisal requirements and how we can put our business acumen to work for you.

Settling an estate usually requires an appraisal to determine fair market value for the property involved. We empathize that in times like this, ordering an appraisal is the furthest thought from your mind. Of course, it's expected that you need to take care of your family first. We are familiar with the procedures and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, providing the strongest degree of discretion for you.

Most of the time people do not fully acknowledge the necessity in having an intricate appraisal prepared in support of the numbers shown in tax documents filed with the IRS.

One of the most necessary requirements in an appraisal report is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the OH agencies that the numbers used are well-founded and correct.

First Source Appraisals INC will provide an accurate appraisal, 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 assure you that we will stand behind the report if it is ever refuted.

Opinions of value displayed in documents provided to the revenue authorities definitely should be supported by an accurate report as to how the appraiser acquired his conclusions.