Estate Settlement Appraisals in KY by Sparks Appraisals

Settling an estate is an important and sometimes stressful job. 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 compassion to the feelings of everyone left behind.

Lawyers and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. There are required needs for everyone; we realize these needs and are acclimated to working with all parties involved. We offer appraisal reports that outdo the necessities of the legal system and various groups.

Settling an estate commonly depends on an appraisal to ascertain fair market value for the estate therein. It's understandable that thinking about an appraisal is the farthest thought from your mind. Due to this, it is possible that the time of death differs from the date the appraisal is needed. Our staff is comfortable with the procedures and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, providing the strongest degree of discretion for all parties involved.

People often forget that the IRS needs documents filed to express the numbers involved in estate sales.

Opinions of value used in documents filed with the the IRS and KY state agencies definitely should be backed by an exhaustive report as to how the appraiser acquired his conclusions. Such a report will certainly demonstrate to the KY agencies that the numbers used are well-founded and substantiated.

Sparks Appraisals guarantees an accurate appraisal report, which will give an executor clear facts and numbers that will exceed IRS and state agency requirements. You need not stress over anything, because Sparks Appraisals will be there to support our reports if they are ever refuted.

One of the most important requirements in a report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion.