Appraisals for Estate Settlement by Summerlin Ins & Realty

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 quickly and exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.

Part of Summerlin Ins & Realty's mission statement is to create top-notch, ethical appraisals that attorneys can depend on. Usually, 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. We provide appraisal reports that out-strip the requirements of the legal system and assorted agencies.

Contact us today to discuss your exact estate appraisal essentials and how we can put our business acumen to work for you.

Commonly, settling an estate necessitates an detailed appraisal report to acquire fair market value for the home to the satisfaction of the parties involved. We know that in times like this, even thinking about an appraisal report is the furthest thought from your mind. So, it's possible the date an appraisal is needed will not match the date of death. Summerlin Ins & Realty assures that we are knowledgeable about the procedures and requirements requested by the IRS and NC revenue agencies 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 listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, guaranteeing the highest degree of privacy for you and your loved ones.

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

One of the most important requirements in a report is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the NC agencies that the numbers used are well-founded and correct.

Summerlin Ins & Realty guarantees an substantiated appraisal report, which will give an executor accurate facts and numbers that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever challenged.

Opinions of value shown in documents provided to the the IRS and NC state agencies definitely should be backed by an accurate report as to how the appraiser arrived at his conclusions.