Property Valuations for Estate Settlement by Bianca Dulfer, LLC
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 swiftly and exactly as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved.
Lawyers and accountants count on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Often, everyone involved will have different ideas of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. Among our staff, we are accustomed to dealing with legal agencies in creating appraisal reports that surpass their necessities.
Contact us promptly to discuss your specialized estate appraisal specifications and how we can put our experience to work for you.
Settling an estate generally demands an appraisal to establish fair market value for the residential property affected. We sympathize that in this time of loss, ordering an appraisal report is the furthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal report deviates from the time of death. Bianca Dulfer, LLC assures that we are accustomed to the procedures and requirements requested by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, providing the fullest degree of discretion for you and your family.
The importance of needing an appraisal when cooperating with the IRS to show income when filing documents is often not considered by most people.
One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the authorities that the numbers used are well-founded and substantiated.
Having a professional report from Bianca Dulfer, LLC gives the executor irrefutable facts and figures to work with in meeting IRS and TX state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever refuted.
Opinions of value used in documents filed with the the IRS and TX state agencies definitely should be supported by a detailed report as to how the appraiser came to his conclusions.