Appraisals for Estate Settlement by Stern & Dragoset Appraisal Group
Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved.
Part of Stern & Dragoset Appraisal Group's focus is to offer top-notch, ethical appraisals that lawyers can rely on. Often, everyone involved will have differing expectations of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. Among our staff, we are accustomed to working with law offices in writing appraisal reports that surpass their necessities.
Contact us today to discuss your exact estate appraisal essentials and how we can put our knowledge to work for you.
Settling an estate commonly requires an appraisal to suggest fair market value for the estate in question. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, it is possible that the time of death differs from the date the appraisal is required. Stern & Dragoset Appraisal Group assures that our appraisers are familiar 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 your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, ensuring the fullest degree of discretion for you and your family.
The requirement of ordering an appraisal report when working with the IRS to prove income when filing documents is often overlooked by most people.
One of the most necessary requirements in a report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. A report of this caliber will clearly substantiate your claim that the numbers within within the report are well-founded and accurate.
Having a professional report from Stern & Dragoset Appraisal Group gives the executor undeniable facts and figures to work with in meeting IRS and NJ state agency requirements. You need not be concerned over anything, because we will be there to back up our reports if they are ever refuted.
Opinions of value displayed in documents provided to the revenue authorities absolutely should be backed by an accurate report as to how the appraiser came to his conclusions.