Estate Settlement Appraisals in NJ by Gold Coast Appraisal Group LLC
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.
Attorneys and accountants count on our conduct when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. We are sympathetic to their needs and are familiar with helping with all parties involved. Among our staff, we are accustomed to working with legal agencies in providing reports that exceed their necessities.
Contact us as soon as possible to discuss your personal estate appraisal specifications and how we can put our experience to work for you.
Commonly, settling an estate necessitates an detailed appraisal report to ascertain fair market value for the home to the satisfaction of the parties involved. We sympathize that in times like this, even thinking about an appraisal is the furthest thought from your mind. Due to this, it is possible that the date of death differs from the date the appraisal is required. We are familiar with the practices and requirements necessary to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, assuring the strongest degree of privacy for all parties involved.
Most people don't realize that the IRS requires reports filed to show the numbers involved in estate sales.
An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the NJ agencies that the numbers used are well-founded and correct.
An executor will be satisfied by an appraisal by Gold Coast Appraisal Group LLC which will show him irrefutable facts and figures to cooperate with any legal agency's requirements. There's no need to worry when getting an appraisal from Gold Coast Appraisal Group LLC, because we will stand by it no matter what.
Opinions of value used in documents provided to the revenue authorities absolutely should be backed by a detailed report as to how the appraiser came to his conclusions.