Property Valuations for Estate Settlement by The Welter Appraisal Group

Settling an estate 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 sensitivity to the feelings of everyone in bereavement.

Part of The Welter Appraisal Group's mission statement is to create top-notch, ethical appraisals that lawyers can rely on. We realize their needs and are used to dealing with all parties involved. In our company, we are accustomed to interacting with the courts in composing appraisals that exceed their requirements.

Contact us as soon as possible to discuss your specialized estate appraisal needs and how we can put our business acumen to work for you.

Settling an estate most often demands an appraisal to ascertain fair market value for the residential property involved. We sympathize that when you lose a loved one, acquiring an appraisal report is the furthest thought from your mind. Due to this, it is possible that the time of death differs from the date the appraisal is requested. The Welter Appraisal Group assures that our appraisers are familiar with the procedures and requirements needed by the IRS and NJ revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, guaranteeing the fullest degree of privacy for you and your loved ones.

Most people don't realize that the IRS needs reports filed to explain the numbers involved in estate sales.

Opinions of value shown in documents filed with the revenue authorities definitely should be backed by an exhaustive report as to how the appraiser acquired his conclusions. Such a report will clearly demonstrate to the authorities that the numbers used are well-founded and substantiated.

Having a professional report from The Welter Appraisal Group gives the executor solid facts and figures to work with in exceeding IRS and NJ state agency requirements. There's no need to be concerned when getting a report from The Welter Appraisal Group, because we will support it no matter what.

One of the most significant requirements in a report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.