Estate Settlement Appraisals in KY by Direct Appraisals

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 respect to the feelings of everyone left behind.

Lawyers and accountants count on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. There are specific needs for everyone; we cater to these needs and are familiar to dealing with all parties involved. We produce appraisal reports that surpass the needs of the legal system and different agencies.

Commonly, settling an estate requires an clear appraisal report to show fair market value for the home to the satisfaction of the parties involved. We empathize that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. Of course, it's expected that you need to be there for your family first. Direct Appraisals assures that our staff are accustomed to the procedures and requirements requested by revenue services to produce 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 ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, assuring the fullest degree of privacy for you.

Many people do not understand that the IRS requires documents filed to show the numbers involved in estate sales.

Opinions of value used in documents provided to the revenue authorities definitely should be backed by an accurate report as to how the appraiser came to his conclusions. A report of this caliber will clearly show the evidence that the numbers within within the report are well-founded and accurate.

Direct Appraisals will provide an accurate appraisal report, which will give an executor accurate facts and numbers that will meet IRS and revenue agency requirements. You need not be concerned over anything, because we will be there to back up our appraisals if they are ever refuted.

One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.