Property Valuations for Estate Settlement by Nathan Wallace AppraisalsEstate settlement is an important and sometimes stressful job. It's up to you as a trustee to carry out the wishes of the deceased as quickly and with as much dignity as possible. You can count on Nathan Wallace Appraisals to respond expeditiously and with as much understanding to the feelings of everyone left behind.Attorneys and accountants count on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Often, all parties will have different ideas of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. We supply appraisal reports that surpass the obligations of the courts and different groups.
Settling an estate usually requires an appraisal to acquire market value for the estate affected. We empathize that in this time of loss, even thinking about an appraisal report is the furthest thought from your mind. So, there's a chance the date an appraisal is requested will be different from the date of death. We are knowledgeable about the procedures and requirements necessary to provide a retrospective appraisal with an effective date and market value estimate matching the date you suffered the loss of your loved one. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, certifying the highest degree of discretion for all parties involved. The requirement of needing a real estate appraisal when working with revenue services to prove income when filing documents is often unknown by most people. One of the most necessary requirements in a report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the Alabama agencies that the numbers used are accurate and correct. Nathan Wallace Appraisals will provide an accurate report, which will give an executor definite facts and numbers that will meet IRS and state agency requirements. You need not stress over anything, because Nathan Wallace Appraisals will be there to support our work if they are ever challenged. |