Appraisals for Estate Settlement by J & L Associates

The task 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.

We've made a name for ourselves in providing the best appraisals that attorneys and accountants have come to depend on. Generally, everyone involved will have differing suggestions of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. Among our staff, we are used to working with the courts in producing appraisals that exceed their needs.

Contact us promptly to discuss your specific estate appraisal essentials and how we can put our experience to work for you.

Generally, settling an estate necessitates an detailed appraisal report to suggest fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal report deviates from the date of your loss. Our staff is comfortable with the systems and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, providing the strongest degree of privacy for you and your loved ones.

All too often, people do not fully realize the need to have a full appraisal report prepared in support of the numbers displayed in general documents filed with the IRS and IN state agencies.

Opinions of value used in documents provided to the revenue authorities absolutely should be backed by a detailed report as to how the appraiser acquired his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and correct.

J & L Associates guarantees an well-founded report, which will give an executor definite facts and figures that will exceed IRS and state agency requirements. There's no need to have anything but peace of mind when getting a report from us, because we will support it no matter what.

One of the most important requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion.