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Estate Planning
In times of loss, it is difficult to think of the various steps that must be taken to resolve any outstanding monies of the deceased. An appraisal is required to establish fair market value of any real estate property in the estate. Typically, the date of death differs from the date the appraisal is requested. We can perform a retroactive appraisal with an effective date and Fair Market Value estimate on the date of death. At this point, equitable arrangements can more easily be arrived at among disputing parties. Everyone walks away knowing they've received a fair deal. Having a professional appraisal gives the executor solid facts and figures to work with in meeting IRS and state agency requirements. It assures peace of mind to everyone concerned as they will have a professional opinion to stand behind if the appraisal is challenged.*
*The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.
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Why Should You Get a Real Estate Appraisal? There are many reasons to have an appraisal done of your property.
Click here for an overview.
Click below to find out about these top appraisal reasons. |
