Appraisals for Estate Settlement by Ferrari Appraisals LLC
Estate settlement is an important and sometimes stressful 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 empathy to the feelings of everyone involved.
Attorneys and accountants depend on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Usually, all parties will have differing expectations of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. We write appraisal reports that outdo the needs of the courts and various agencies.
Contact us as soon as possible to discuss your unique estate appraisal requirements and how we can put our experience to work for you.
Settling an estate generally demands an appraisal to ascertain fair market value for the home therein. We know that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. Due to this, often the time of death differs from the date the appraisal is required. Ferrari Appraisals LLC assures that we are comfortable with the procedures and requirements needed by revenue services to supply 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 requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, certifying the strongest degree of privacy for you and your loved ones.
The requirement of owning an appraisal when cooperating with revenue services to prove income when filing documents is often overlooked by most people.
Opinions of value used in documents filed with the the IRS and CT state agencies absolutely should be backed by an exhaustive report as to how the appraiser came to his conclusions. In having a report supported by Ferrari Appraisals LLC's professional staff, you will have the knowledge that the numbers provided in the report will certainly demonstrate to the IRS that the numbers used are well founded and substantiated.
Ferrari Appraisals LLC will provide an accurate report, which will provide an executor clear facts and figures that will exceed IRS and revenue agency requirements. You need not stress over anything, because we will be there to stand by our work if they are ever refuted.
Opinions of value displayed in documents filed with the revenue authorities definitely should be supported by a comprehensive report as to how the appraiser acquired his conclusions.