Property Valuations for Estate Settlement by Phillips Residential

The 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 promptly and exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.

We've shown that we're experts in producing the best appraisals that lawyers and accountants have come to rely on. There are specific needs for everyone; we comprehend these requirements and are comfortable to dealing with all parties involved. Due to our familiarity in dealing with the legal system and different agencies, we offer appraisals that always outdo all expectations.

Contact us immediately to discuss your explicit estate appraisal requirements and how we can put our knowledge to work for you.

Settling an estate most often requires an appraisal to determine fair market value for the estate in question. It's understandable that thinking about an appraisal is the farthest thought from your mind. Of course, it's expected that you need to be there for your loved ones first. Phillips Residential assures that we are comfortable with the procedures and requirements needed by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, ensuring the strongest degree of discretion for all parties involved.

The requirement of ordering a real estate appraisal when working with the IRS to explain income when filing documents is often overlooked by most people.

A comprehensive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. In having a report backed by Phillips Residential's professional appraisers, you will have the knowledge that the numbers shown in the report will certainly demonstrate to the IRS that the numbers used are well founded and substantiated.

Phillips Residential guarantees an accurate appraisal, which will give an executor definite facts and figures that will exceed IRS and state agency requirements. You need not worry over anything, because Phillips Residential will be there to support our appraisals if they are ever refuted.

One of the most essential requirements in a report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.