![]() Property Valuations for Estate Settlement by Bedford HuntEstate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved. Lawyers and accountants rely on our conduct when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. We realize their needs and are familiar with helping with all parties involved. Among our staff, we are accustomed to interacting with the courts in composing reports that surpass their necessities. Contact us promptly to discuss your specialized estate appraisal demands and how we can put our knowledge to work for you. Settling an estate commonly requires an appraisal to suggest fair market value for the home affected. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, we understand that the date an appraisal report is ordered will deviate the date of death. Bedford Hunt assures that our appraisers are familiar with the procedures and requirements requested by the IRS and MS revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, guaranteeing the fullest degree of privacy for all parties involved. Many people do not understand that the IRS requires reports filed to express the numbers involved in estate sales. Opinions of value used in documents filed with the the IRS and MS state agencies definitely should be backed by an accurate report as to how the appraiser acquired his conclusions. In having a report backed by Bedford Hunt's professional staff, you will have the understanding that the numbers provided in the appraisal report will certainly demonstrate to the MS agencies that the numbers used are well founded and correct. Having a professional report from Bedford Hunt gives the executor definite facts and figures to work with in meeting IRS and MS state agency requirements. There's no need to worry when getting a report from us, because we will support it no matter what. An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. |