Property Valuations for Estate Settlement by Jeffrey Smith

Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.

Part of Jeffrey Smith's mission statement is to supply top-notch, ethical appraisals that attorneys can depend on. Usually, all parties will have their own ideas of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. We compose appraisal reports that exceed the requirements of the legal system and various groups.

Contact us promptly to discuss your explicit estate appraisal specifications and how we can put our business acumen to work for you.

Settling an estate usually requires an appraisal to determine fair market value for the estate in question. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Of course, you need to be there for your loved ones first. Our staff is familiar with the systems and requirements needed 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 listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, providing the highest degree of privacy for you and your family.

The requirement of needing a real estate appraisal when cooperating with government agencies to prove income when filing documents is often unknown by most people.

Opinions of value displayed in documents provided to the revenue authorities absolutely should be backed by an exhaustive report as to how the appraiser acquired his conclusions. This sort of report will definitely show the evidence that the numbers within within the report are well-founded and accurate.

Having a professional appraisal report from Jeffrey Smith gives the executor definite facts and figures to work with in meeting IRS and NJ state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever challenged.

One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion.