Estate Settlement Appraisals in NJ by Gold Coast Appraisal Group LLC
The task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved.
We've made it our company's goal in supplying the best appraisals that attorneys and accountants have come to rely on. Often, all parties will have differing expectations of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. We produce appraisal reports that meet the obligations of the courts and assorted agencies.
Contact us today to discuss your specialized estate appraisal requirements and how we can put our knowledge to work for you.
Settling an estate commonly depends on an appraisal to suggest fair market value for the property in question. We understand that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. Because of this, now and then there can be times that the date of an appraisal report deviates from the date of your loss. Gold Coast Appraisal Group LLC assures that our appraisers are comfortable with the procedures and requirements requested by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, providing the fullest degree of discretion for you.
Most of the time people do not fully understand the requirement to have a comprehensive appraisal produced in support of the numbers displayed in tax documents filed with the IRS.
Opinions of value shown in documents provided to the the IRS and NJ state agencies absolutely should be backed by a detailed report as to how the appraiser arrived at his conclusions. Such a report will clearly demonstrate to the NJ agencies that the numbers used are well-founded and correct.
Having a professional appraisal from Gold Coast Appraisal Group LLC gives the executor solid facts and figures to work with in going beyond IRS and NJ state agency requirements. There's no need to worry when getting an appraisal from us, because we will stand by it no matter what.
One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion.