Alaska Real Estate Appraisal understands the special needs of estate executors
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 understanding to the feelings of everyone in bereavement.
Lawyers and accountants count on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Often, everyone involved will have their own suggestions of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. Because of our experience in dealing with attorneys and accountants and various agencies, we supply appraisal reports that always transcend all expectations.
Contact us immediately to discuss your exact estate appraisal essentials and how we can put our business acumen to work for you.
Generally, settling an estate necessitates an extensive appraisal report to establish fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Due to this, often the time of death differs from the date the appraisal is ordered. Alaska Real Estate Appraisal assures that we are familiar with the procedures and requirements requested by the IRS and AK revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, certifying the highest degree of discretion for you and your loved ones.
The requirement of having an appraisal report when cooperating with revenue services to show income when filing documents is often overlooked by most people.
Opinions of value displayed in documents provided to the the IRS and AK state agencies absolutely should be backed by a comprehensive report as to how the appraiser acquired his conclusions. A report of this caliber will certainly show the evidence that the numbers expressed within the report are well-founded and accurate.
Having a professional appraisal from Alaska Real Estate Appraisal gives the executor solid facts and figures to work with in meeting IRS and AK state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever refuted.
Opinions of value shown in documents provided to the revenue authorities definitely should be supported by an exhaustive report as to how the appraiser came to his conclusions.