Midlands Appraisal Group, LLC knows the special needs of estate executorsSettling an estate is an important and sometimes stressful job. As an executor, you have been given the power to carry out the wishes of the departed as promptly and respectfully as possible. You can count on Midlands Appraisal Group, LLC to act expeditiously and with as much sympathy to the feelings of everyone in bereavement.
Lawyers and accountants depend on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being determined for real property. We comprehend their needs and are familiar with working with all parties involved. We supply appraisal reports that transcend the obligations of the courts and different agencies.
Settling an estate usually requires an appraisal to establish market value for the residential property involved. We sympathize that when you lose a loved one, even thinking about an appraisal report is the furthest thought from your mind. So, we understand that the date an appraisal report is requested will be different from the date of death. Midlands Appraisal Group, LLC assures that we are knowledgeable about the procedures and requirements requested by revenue services to provide a retrospective appraisal with an effective date and market value estimate matching the exact date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, certifying the strongest degree of privacy for all parties involved.
The requirement of needing an appraisal when working with government agencies to prove income when filing documents is often unknown by most people.
A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are accurate and correct.
An executor will be overjoyed by an appraisal by Midlands Appraisal Group, LLC which will show him undeniable facts and numbers to cooperate with the IRS and South Carolina state agencies' requirements. You need not worry over anything, because we will be there to back up our appraisals if they are ever challenged.