Appraisals for Estate Settlement by Cox Appraisal Service, Inc
Estate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.
Part of Cox Appraisal Service, Inc's mission statement is to supply top-notch, ethical appraisals that lawyers can depend on. We understand their needs and are used to helping with all parties involved. Because of our familiarity in working with attorneys and accountants and other agencies, we create appraisals that always meet all expectations.
Contact us immediately to discuss your precise estate appraisal essentials and how we can put our experience to work for you.
Generally, settling an estate requires an accurate appraisal report to acquire fair market value for the home to the satisfaction of the parties involved. We know that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. Of course, you have to be there for your loved ones first. Cox Appraisal Service, Inc assures that our appraisers are comfortable with the procedures and requirements needed by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, providing the fullest degree of discretion for you and your loved ones.
The necessity of having an appraisal when dealing with revenue services to show income when filing documents is often overlooked by most people.
An exhaustive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the authorities that the numbers used are accurate and correct.
Cox Appraisal Service, Inc will provide an substantiated appraisal, which will provide an executor accurate facts and figures that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever refuted.
Opinions of value displayed in documents provided to the revenue authorities absolutely should be supported by an exhaustive report as to how the appraiser acquired his conclusions.