Property Valuations for Estate Settlement by Daniel Todd Appraisal Services, LLC

Settling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved.

Attorneys and accountants depend on our ideals when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. Often, the parties involved will have different requirements of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. Among our staff, we are accustomed to dealing with legal agencies in providing appraisals that exceed their needs.

Settling an estate commonly requires an appraisal to suggest fair market value for the home involved. We understand that in this time of loss, acquiring 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 deviates from the time of death. Daniel Todd Appraisal Services, LLC assures that our staff are accustomed to the procedures and requirements needed by the IRS and IN revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, providing the highest degree of discretion for you and your loved ones.

The requirement of needing a real estate appraisal when dealing with the IRS to explain income when filing documents is often not considered by most people.

One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. This sort of report will clearly demonstrate the evidence that the numbers displayed within the report are well-founded and accurate.

Daniel Todd Appraisal Services, LLC ensures an well-founded appraisal, which will provide an executor accurate facts and figures that will exceed IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever challenged.

A comprehensive report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions.