Estate Settlement Appraisals in KY by Galloway Appraisal
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 deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.
Part of Galloway Appraisal's company goal is to create top-notch, ethical appraisals that lawyers can rely on. Usually, the parties involved will have their own expectations of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. In our company, we are used to interacting with legal agencies in composing appraisal reports that out-strip their necessities.
Contact us today to discuss your specialized estate appraisal needs and how we can put our business acumen to work for you.
Usually, settling an estate necessitates an extensive appraisal report to determine fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. So, we understand that the time an appraisal is requested will deviate the date of death. Galloway Appraisal assures that we are accustomed to the procedures and requirements requested by the IRS and KY 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 ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, guaranteeing the strongest degree of discretion for you and your loved ones.
The importance of owning an appraisal report when working with revenue services to prove income when filing documents is often overlooked by most people.
An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the authorities that the numbers used are accurate and substantiated.
Galloway Appraisal will provide an detailed appraisal report, which will give an executor accurate facts and figures that will meet IRS and state agency requirements. There's no need to be concerned when getting a report from Galloway Appraisal, because we will back it no matter what.
An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions.