South Eastern Appraisal, Inc. understands the special needs of estate executorsThe job of settling an estate, often a source of stress, is not to be taken lightly. It's up to you as a trustee to carry out the wishes of a loved one as quickly and attentively as possible. You can count on us to respond quickly and with as much respect to the feelings of everyone left behind.
We've made a name for ourselves in providing excellent appraisals that attorneys and accountants have come to rely on. We realize their needs and are accustomed to working with all parties involved. We compose appraisal reports that out-strip the obligations of the legal system and different groups.
Settling an estate generally requires an appraisal to show market value for the property affected. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, now and then there are times that the effective date of an appraisal report differs from the date of your loss. Our staff is familiar with the practices and requirements obligatory to perform a retrospective appraisal with an effective date and market value estimate matching the exact date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, ensuring the strongest degree of discretion for you and your family.
People often forget that the IRS requires documents filed to show the numbers involved in estate sales.
Opinions of value used in documents filed with revenue authorities definitely should be backed by a detailed report as to how the appraiser came to his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and substantiated.
Having a professional appraisal from South Eastern Appraisal, Inc. gives the executor definite facts and figures to work with in meeting IRS and Kentucky state agency requirements. You need not stress over anything, because we will be there to back up our appraisals if they are ever refuted.