Estate Settlement Appraisals in GA by Gregory James Company, Inc.
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as quickly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone left behind.
Lawyers and accountants depend on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. We realize their needs and are used to dealing with all parties involved. In our company, we are accustomed to working with legal agencies in creating appraisal reports that surpass their needs.
Contact us as soon as possible to discuss your individual estate appraisal essentials and how we can put our knowledge to work for you.
Commonly, settling an estate necessitates an accurate appraisal report to suggest fair market value for the house to the satisfaction of the parties involved. We know that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. So, there's a chance the date an appraisal is needed will be different from the date of death. Our staff is comfortable with the systems and requirements necessary to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, assuring the highest degree of privacy for you and your family.
The requirement of having a real estate appraisal when cooperating with government agencies to show income when filing documents is often not considered by most people.
One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the IRS that the numbers used are well-founded and correct.
Gregory James Company, Inc. ensures an detailed appraisal, which will give an executor clear facts and numbers that will exceed IRS and state agency requirements. You need not stress over anything, because we will be there to stand by our reports if they are ever refuted.
Opinions of value used in documents filed with the the IRS and GA state agencies definitely should be supported by an exhaustive report as to how the appraiser acquired his conclusions.