Estate Settlement Appraisals in Hawaii by Appraisal Express HI, LLC
The responsibility 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 promptly and with as much dignity as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone in bereavement.
Attorneys and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. There are required needs for everyone; we realize these requirements and are used to to dealing with all parties involved. We compose appraisal reports that meet the requirements of the legal system and different agencies.
Contact us as soon as possible to discuss your specific estate appraisal needs and how we can put our experience to work for you.
Generally, settling an estate necessitates an accurate appraisal report to suggest fair market value for the property to the satisfaction of the parties involved. We know that in this time of loss, acquiring an appraisal is the furthest thought from your mind. Because of this, often there can be times that the effective date of an appraisal differs from the time of death. Our company is accustomed to the systems and requirements needed to provide 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) keeps our appraisers to confidentiality, certifying the fullest degree of privacy for you and your loved ones.
The requirement of having an appraisal when working with the IRS to show income when filing documents is often not considered by most people.
An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. A report of this caliber will clearly demonstrate the evidence that the numbers displayed within the report are well-founded and accurate.
Appraisal Express HI, LLC will provide an substantiated appraisal report, which will give an executor accurate facts and numbers 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 report if it is ever challenged.
Opinions of value used in documents filed with the revenue authorities absolutely should be supported by a comprehensive report as to how the appraiser acquired his conclusions.