Village Appraisal Ltd. understands the special needs of estate executorsEstate 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 compassion to the feelings of everyone involved. Part of Village Appraisal Ltd.'s company goal is to supply top-notch, ethical appraisals that lawyers can depend on. Sometimes, all parties will have their own expectations of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. Because of our familiarity in working with the courts and other agencies, we compose appraisals that definitely outdo all expectations. Contact us promptly 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 extensive appraisal report to determine fair market value for the property to the satisfaction of the parties involved. We empathize that in times like this, ordering an appraisal report is the furthest thought from your mind. Of course, it's expected that you need to comfort your family first. Village Appraisal Ltd. assures that we are familiar with the procedures and requirements requested by the IRS and OH revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, ensuring the fullest degree of discretion for all parties involved. The importance of owning an appraisal report when cooperating with the IRS to prove income when filing documents is often misunderstood by most people. One of the most important requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the OH agencies that the numbers used are well-founded and correct. Having a professional appraisal report from Village Appraisal Ltd. gives the executor undeniable facts and figures to work with in meeting IRS and OH state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever refuted. A comprehensive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. |