Estate Settlement Appraisals in NJ by Gold Coast Appraisal Group LLC
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and exactly as possible. You can count on us to act quickly and with as much respect to the feelings of everyone left behind.
Attorneys and accountants rely on our ethics when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. We comprehend their needs and are accustomed to dealing with all parties involved. We produce appraisal reports that meet the obligations of the legal system and different groups.
Contact us promptly to discuss your specialized estate appraisal specifications and how we can put our knowledge to work for you.
Usually, settling an estate necessitates an extensive appraisal report to suggest fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, now and then there are times that the date of an appraisal deviates from the time of death. We are familiar with the procedures and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, ensuring the fullest degree of privacy for you and your family.
People often forget that the IRS requires documents filed to support the numbers involved in estate sales.
An exhaustive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. This sort of report will clearly demonstrate the evidence that the numbers displayed within the report are well-founded and accurate.
Gold Coast Appraisal Group LLC will provide an substantiated appraisal, which will give an executor definite facts and figures that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever refuted.
One of the most essential requirements in an appraisal report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion.