Appraisals for Estate Settlement by Phil Key Appraisals

Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved.

Lawyers and accountants count on our conduct when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Usually, everyone involved will have differing requirements of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. We write appraisal reports that out-strip the obligations of the courts and various agencies.

Settling an estate most often depends on an appraisal to establish fair market value for the home in question. We understand that when you lose a loved one, ordering an appraisal report is the furthest thought from your mind. So, there's a chance the date an appraisal report is ordered will differ the date of death. Phil Key Appraisals assures that our appraisers are knowledgeable about the procedures and requirements requested by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, ensuring the strongest degree of privacy for all parties involved.

The requirement of owning a real estate appraisal when working with revenue services to prove income when filing documents is often misunderstood by most people.

Opinions of value shown in documents provided to the the IRS and NC state agencies absolutely should be backed by a detailed report as to how the appraiser arrived at his conclusions. In having a report backed by Phil Key Appraisals's expert appraisers, you will have the knowledge that the numbers shown in the appraisal will certainly demonstrate to the IRS that the numbers used are accurate and correct.

Having a professional appraisal from Phil Key Appraisals gives the executor definite facts and figures to work with in going beyond IRS and NC state agency requirements. There's no need to have anything but peace of mind when getting a report from Phil Key Appraisals, because we will stand by it no matter what.

Opinions of value shown in documents provided to the revenue authorities definitely should be backed by an accurate report as to how the appraiser acquired his conclusions.