![]() Property Valuations for Estate Settlement by Eastern Appraisal Services, Inc.Settling 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 exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone left behind. Lawyers and accountants count on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. We realize their needs and are acclimated to dealing with all parties involved. In our company, we are used to working with law offices in supplying appraisal reports that transcend their demands. Contact us as soon as possible to discuss your explicit estate appraisal demands and how we can put our business acumen to work for you. Commonly, settling an estate necessitates an accurate appraisal report to acquire fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Due to this, it is possible that the date of death differs from the time the appraisal is needed. Eastern Appraisal Services, Inc. assures that our staff are familiar with the procedures and requirements needed by the IRS and RI revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, assuring the fullest degree of privacy for you and your loved ones. Many times, people do not fully appreciate the requirement to have an exhaustive appraisal report prepared in support of the numbers shown in tax documents filed with the IRS and RI state agencies. An exhaustive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and correct. Having a professional appraisal from Eastern Appraisal Services, Inc. gives the executor undeniable facts and figures to work with in meeting IRS and RI state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever challenged. One of the most significant requirements in a report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. |