Property Valuations for Estate Settlement by Kim Phillips Appraisals
Estate settlement 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 with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.
We've made a name for ourselves in producing top-notch appraisals that lawyers and accountants have come to rely on. We cater to their needs and are familiar with helping with all parties involved. Because of our experience in dealing with attorneys and accountants and different agencies, we compose reports that always exceed all expectations.
Contact us promptly to discuss your specialized estate appraisal requirements and how we can put our knowledge to work for you.
Settling an estate commonly demands an appraisal to show fair market value for the home therein. We empathize that in times like this, ordering an appraisal is the furthest thought from your mind. Due to this, it is possible that the time of death differs from the date the appraisal is required. We are comfortable with the systems and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, providing the fullest degree of discretion for you and your loved ones.
The requirement of owning an appraisal report when dealing with revenue services to show income when filing documents is often misunderstood by most people.
A comprehensive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. A report of this caliber will certainly show the evidence that the numbers within within the report are well-founded and accurate.
An executor will be over-joyed by a report by Kim Phillips Appraisals which will show him solid facts and numbers to deal with the IRS and VA state agencies' requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever refuted.
Opinions of value shown in documents filed with the the IRS and VA state agencies definitely should be backed by a detailed report as to how the appraiser arrived at his conclusions.