Property Valuations for Estate Settlement by Peter Kellner
The 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 with as much dignity as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.
Part of Peter Kellner's company goal is to produce top-notch, ethical appraisals that lawyers can rely on. We are sympathetic to their needs and are accustomed to working with all parties involved. We supply appraisal reports that exceed the obligations of the legal system and other groups.
Contact us immediately to discuss your personal estate appraisal essentials and how we can put our business acumen to work for you.
Settling an estate usually demands an appraisal to acquire fair market value for the property affected. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Due to this, there is a chance that the time of death differs from the date the appraisal is requested. Peter Kellner assures that our appraisers are knowledgeable about 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 you suffered the loss of your loved one. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, certifying the fullest degree of privacy for you and your family.
Many times, people do not fully understand the requirement to have a full appraisal supplied in support of the numbers displayed in tax documents filed with the IRS.
Opinions of value displayed in documents filed with the revenue authorities absolutely should be supported by an accurate report as to how the appraiser acquired his conclusions. Such a report will clearly demonstrate to the authorities that the numbers used are accurate and correct.
Having a professional appraisal from Peter Kellner gives the executor solid facts and figures to work with in going beyond IRS and FL state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever challenged.
One of the most significant requirements in a report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.