Property Valuations for Estate Settlement by CUNNINGHAM REALTY ADVISORY GROUPThe job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as promptly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved. Attorneys and accountants rely on our ideals when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. There are required needs for everyone; we understand these needs and are comfortable to dealing with all parties involved. We compose appraisal reports that surpass the requirements of the courts and other groups. Contact us today to discuss your exact estate appraisal requirements and how we can put our business acumen to work for you. Settling an estate generally depends on an appraisal to suggest fair market value for the house therein. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Because of this, often there are times that the effective date of an appraisal report differs from the time of death. We are comfortable with the systems and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, providing the fullest degree of discretion for you and your loved ones. Most of the time people do not fully comprehend the requirement to have a comprehensive appraisal report prepared in support of the numbers being used in tax documents filed with the IRS and FL state agencies. 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. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and substantiated. CUNNINGHAM REALTY ADVISORY GROUP ensures an accurate appraisal report, which will give an executor definite facts and numbers that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever challenged. An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. |