Property Valuations for Estate Settlement by Utah Estate and Trust Appraisals
The task of settling an estate, often a source of stress is very important. 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 understanding to the feelings of everyone in bereavement.
Part of Utah Estate and Trust Appraisals's focus is to provide top-notch, ethical appraisals that attorneys can rely on. Generally, everyone involved will have their own ideas of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. We create appraisal reports that surpass the obligations of the legal system and various groups.
Contact us promptly to discuss your specific estate appraisal essentials and how we can put our experience to work for you.
Usually, settling an estate necessitates an extensive appraisal report to suggest fair market value for the property to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Due to this, often the time of death differs from the time the appraisal is needed. Our professional staff is accustomed to the procedures and requirements necessary to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, assuring the highest degree of discretion for you and your loved ones.
Most people don't realize that the IRS needs reports filed to show the numbers involved in estate sales.
One of the most essential requirements in a report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. A report of this caliber will certainly substantiate your claim that the numbers displayed within the report are well-founded and accurate.
Utah Estate and Trust Appraisals ensures an detailed appraisal report, which will provide an executor clear facts and figures that will exceed IRS and state 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 significant requirements in a report is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.