Property Valuations for Estate Settlement by Craig Lee FaustSettling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the departed as quickly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement. Part of Craig Lee Faust's company goal is to create top-notch, ethical appraisals that lawyers can rely on. Usually, everyone involved will have their own requirements 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 dealing with legal agencies in composing reports that meet their requirements. Contact us today to discuss your explicit estate appraisal essentials and how we can put our business acumen to work for you. Settling an estate commonly depends on an appraisal to establish fair market value for the house affected. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, we understand that the time an appraisal report is ordered will be different from the date of death. Craig Lee Faust assures that our staff are knowledgeable about the procedures and requirements needed by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, ensuring the strongest degree of privacy for you and your loved ones. People often forget that the IRS needs documents filed to support the numbers involved in estate sales. A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. This sort of report will definitely show your claim that the numbers provided within the report are well-founded and accurate. An executor will be satisfied by a report by Craig Lee Faust which will show him solid facts and figures to cooperate with revenue agencies' requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever challenged. One of the most essential requirements in a report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. |