Estate Settlement Appraisals in AL by Mike Noble Appraisals
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved.
Part of Mike Noble Appraisals's company goal is to produce top-notch, ethical appraisals that attorneys can rely on. Sometimes, all parties will have their own suggestions of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. Due to our familiarity in working with the legal system and other agencies, we write appraisals that definitely transcend all expectations.
Contact us promptly to discuss your specific estate appraisal requirements and how we can put our business acumen to work for you.
Settling an estate commonly demands an appraisal to show fair market value for the residential property therein. We understand that in this time of loss, ordering an appraisal is the furthest thought from your mind. Because of this, often there will be times that the date of an appraisal deviates from the time of death. Mike Noble Appraisals assures that our appraisers are comfortable with the procedures and requirements needed by revenue services to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, guaranteeing the strongest degree of privacy for you and your loved ones.
The necessity of needing an appraisal when working with the IRS to show income when filing documents is often misunderstood by most people.
Opinions of value used in documents filed with the revenue authorities absolutely should be supported by a detailed report as to how the appraiser arrived at his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and substantiated.
Having a professional report from Mike Noble Appraisals gives the executor solid facts and figures to work with in meeting IRS and AL state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever challenged.
One of the most significant requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.