![]() Estate Settlement Appraisals in VA by Murray Appraisal ServicesSettling 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 respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved. Part of Murray Appraisal Services's mission statement is to produce top-notch, ethical appraisals that lawyers can rely on. Usually, all parties will have different requirements of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. Among our staff, we are accustomed to working with law offices in writing appraisal reports that out-strip their needs. Contact us as soon as possible to discuss your explicit estate appraisal specifications and how we can put our knowledge to work for you. Settling an estate generally demands an appraisal to acquire fair market value for the residential property involved. We sympathize that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. So, we understand that the time an appraisal is requested will not match the date of death. Our company is knowledgeable about the systems and requirements necessary to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, guaranteeing the fullest degree of discretion for all parties involved. Many people do not understand that the IRS requires reports filed to explain the numbers involved in estate sales. One of the most essential requirements in an appraisal report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. A report of this caliber will certainly show the evidence that the numbers expressed within the report are well-founded and accurate. Having a professional appraisal from Murray Appraisal Services gives the executor solid facts and figures to work with in exceeding IRS and VA state agency requirements. You need not worry over anything, because we will be there to support our appraisals if they are ever refuted. Opinions of value used in documents filed with the the IRS and VA state agencies definitely should be backed by a detailed report as to how the appraiser acquired his conclusions. |