Property Valuations for Estate Settlement by Duncan & AssociatesThe 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 departed as swiftly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved. We've made a name for ourselves in producing the best appraisals that lawyers and accountants have come to rely on. Generally, everyone involved will have differing expectations of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. In relation to our experience in working with the courts and other agencies, we offer reports that definitely outdo all expectations. Contact us as soon as possible to discuss your individual estate appraisal demands and how we can put our knowledge to work for you. Settling an estate most often demands an appraisal to show fair market value for the property involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Of course, you need to be there for your loved ones first. Duncan & Associates assures that we are accustomed to the procedures and requirements needed by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, certifying the highest degree of discretion for you and your loved ones. People often forget that the IRS requires documents filed to support the numbers involved in estate sales. One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and substantiated. Having a professional appraisal from Duncan & Associates gives the executor irrefutable facts and figures to work with in meeting IRS and KY state agency requirements. You need not be concerned over anything, because we will be there to stand by our reports if they are ever refuted. Opinions of value used in documents filed with the the IRS and KY state agencies absolutely should be backed by an accurate report as to how the appraiser came to his conclusions. |