Estate Settlement Appraisals in Utah by CGL AppraisalsSettling 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 respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.
Attorneys and accountants depend on our conduct when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. We comprehend their needs and are used to helping with all parties involved. Among our staff, we are used to working with the courts in composing appraisals that meet their demands.
Settling an estate commonly requires an appraisal to show market value for the residential property involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, we understand that the date an appraisal is ordered will deviate the date of death. Our professional staff is comfortable with the systems and requirements needed to supply a retrospective appraisal with an effective date and market value estimate matching the exact date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, ensuring the fullest degree of discretion for you.
The necessity of owning an appraisal report when working with the IRS to show income when filing documents is often misunderstood by most people.
One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion. This level of documentation will certainly show your claim that the values expressed are well-founded and accurate.
CGL Appraisals ensures a detailed appraisal, which will give an executor clear facts and figures that will meet IRS and state agency requirements. You need not stress over anything, because CGL Appraisals will be there to back up our reports if they are ever challenged.