Appraisals for Estate Settlement by Mountain Appraisal Service, LLCSettling an estate is an important and sometimes stressful job. As a trustee, you've been given the power to carry out the wishes of a loved one as quickly and attentively as possible. You can count on us to respond quickly and with as much compassion to the feelings of everyone in bereavement.
Attorneys and accountants count on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being determined for real property. There are required needs for everyone; we comprehend these needs and are acclimated to collaborating with all parties involved. We create appraisal reports that exceed the needs of the courts and different groups.
Settling an estate usually requires an appraisal to suggest market value for the house affected. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Of course, it's expected that you need to take care of your family first. Mountain Appraisal Service, LLC assures that our staff is knowledgeable about the procedures and requirements needed by the federal and North Carolina revenue agencies to supply a retrospective appraisal with an effective date and market value estimate matching the exact date of death. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, guaranteeing the strongest degree of privacy for you and your family.
Most of the time, people do not fully understand the requirement to have a true appraisal prepared in support of the numbers displayed in tax documents filed with the IRS.
An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the North Carolina agencies that the numbers used are well-founded and substantiated.
Having a professional appraisal from Mountain Appraisal Service, LLC gives the executor definite facts and figures to work with in going beyond IRS and North Carolina 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 challenged.