Estate Settlement Appraisals in NJ by The Welter Appraisal GroupThe responsibility of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the departed as quickly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind. Lawyers and accountants rely on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. There are specific needs for everyone; we realize these necessities and are familiar to dealing with all parties involved. Due to our familiarity in working with attorneys and accountants and various agencies, we offer appraisal reports that always meet all expectations. Contact us today to discuss your explicit estate appraisal specifications and how we can put our knowledge to work for you. Generally, settling an estate requires an accurate appraisal report to suggest fair market value for the house to the satisfaction of the parties involved. We empathize that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal differs from the time of death. The Welter Appraisal Group assures that our appraisers are knowledgeable about the procedures and requirements needed by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, ensuring the fullest degree of discretion for you and your family. Many people do not understand that the IRS requires reports filed to express the numbers involved in estate sales. Opinions of value displayed in documents provided to the revenue authorities definitely should be backed by a detailed report as to how the appraiser arrived at his conclusions. Such a report will definitely demonstrate to the NJ agencies that the numbers used are accurate and substantiated. The Welter Appraisal Group will provide an detailed appraisal report, which will give an executor definite facts and numbers that will exceed IRS and revenue agency requirements. You need not be concerned over anything, because we will be there to support our work if they are ever challenged. An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. |