TNC Appraisal Service, Inc. knows the special needs of estate executors
The job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as promptly 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.
We've made it our company's goal in supplying the best appraisals that lawyers and accountants have come to rely on. Often, everyone involved will have differing requirements of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. In relation to our experience in working with the legal system and various agencies, we offer appraisal reports that always meet all expectations.
Contact us today to discuss your precise estate appraisal needs and how we can put our knowledge to work for you.
Settling an estate generally requires an appraisal to determine fair market value for the home in question. It's understandable that thinking about an appraisal is the farthest thought from your mind. Due to this, often the date of death differs from the time the appraisal is needed. TNC Appraisal Service, Inc. assures that our appraisers are knowledgeable about the procedures and requirements needed by the IRS and NJ revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, ensuring the fullest degree of privacy for you and your loved ones.
Most people don't realize that the IRS requires reports filed to support the numbers involved in estate sales.
An exhaustive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. This sort of report will certainly show the evidence that the numbers within within the report are well-founded and accurate.
TNC Appraisal Service, Inc. ensures an substantiated appraisal, which will provide an executor solid facts and figures that will meet 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.
One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.