Appraisals 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 departed as quickly and with as much dignity as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone left behind.
Part of The Welter Appraisal Group's focus is to produce top-notch, ethical appraisals that lawyers can rely on. We comprehend their needs and are accustomed to helping with all parties involved. Due to our experience in working with the courts and other agencies, we compose appraisal reports that definitely outdo all expectations.
Contact us promptly to discuss your precise estate appraisal demands and how we can put our experience to work for you.
Settling an estate generally requires an appraisal to ascertain fair market value for the estate affected. We understand that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. Due to this, often the date of death differs from the time the appraisal is needed. The Welter Appraisal Group assures that our appraisers are knowledgeable about the procedures and requirements needed by the IRS and NJ revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, ensuring the highest degree of discretion for you and your family.
Many people do not understand that the IRS needs reports filed to express the numbers involved in estate sales.
One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and correct.
An executor will be ecstatic by an appraisal by The Welter Appraisal Group which will provide him irrefutable facts and figures to deal with any legal agency's requirements. You need not be concerned over anything, because The Welter Appraisal Group will be there to stand by our appraisals if they are ever challenged.
A comprehensive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions.