Property Valuations for Estate Settlement by Goodlife Appraisal Services

Estate settlement is an important and sometimes stressful job. 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 respect to the feelings of everyone in bereavement.

Lawyers and accountants depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Generally, everyone involved will have different expectations of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. In relation to our familiarity in dealing with attorneys and accountants and different agencies, we offer appraisal reports that always transcend all expectations.

Usually, settling an estate requires an extensive appraisal report to determine fair market value for the house to the satisfaction of the parties involved. We know that in times like this, ordering an appraisal report is the furthest thought from your mind. So, there's a chance the time an appraisal is ordered will deviate the date of death. Goodlife Appraisal Services assures that we are knowledgeable about the procedures and requirements requested by the IRS and VA revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, certifying the strongest degree of discretion for you and your loved ones.

Many people do not understand that the IRS needs documents filed to explain the numbers involved in estate sales.

One of the most essential requirements in a report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the IRS that the numbers used are well-founded and substantiated.

An executor will be satisfied by a report by Goodlife Appraisal Services which will give him irrefutable facts and figures to work with the IRS and VA state agencies' requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever refuted.

An exhaustive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.