Estate Settlement Appraisals in AR by Holloway Appraisals, LLC
Settling an estate 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 understanding to the feelings of everyone involved.
We've shown that we're experts in providing top-notch appraisals that lawyers and accountants have come to depend on. Generally, the parties involved will have differing suggestions of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. We produce appraisal reports that exceed the necessities of the legal system and various agencies.
Contact us immediately to discuss your personal estate appraisal requirements and how we can put our business acumen to work for you.
Commonly, settling an estate necessitates an clear appraisal report to establish fair market value for the home to the satisfaction of the parties involved. We understand that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. Due to this, it is possible that the time of death differs from the time the appraisal is required. We are accustomed to the procedures and requirements necessary to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, assuring the fullest degree of discretion for you and your family.
Many people do not understand that the IRS needs information filed to show the numbers involved in estate sales.
Opinions of value shown in documents provided to the revenue authorities definitely should be backed by an exhaustive report as to how the appraiser came to his conclusions. This sort of report will clearly substantiate your claim that the numbers provided within the report are well-founded and accurate.
Having a professional report from Holloway Appraisals, LLC gives the executor undeniable facts and figures to work with in meeting IRS and AR state agency requirements. You need not stress over anything, because we will be there to support our work if they are ever challenged.
Opinions of value used in documents filed with the the IRS and AR state agencies definitely should be supported by an exhaustive report as to how the appraiser came to his conclusions.