Appraisals for Estate Settlement by Richard FreySettling an estate is often stressful, but a very important job. It's up to you as a trustee to carry out the wishes of a loved one as swiftly and with as much dignity 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 depend on our conduct when calculating real property values for estates, divorces, or other disputes requiring a value being determined for real property. We realize their needs and are acclimated to dealing with all parties involved. Among our staff, we are accustomed to interacting with law offices in producing appraisals that transcend their requirements.
Settling an estate most often demands an appraisal to ascertain market value for the home in question. We sympathize that in this time of loss, acquiring an appraisal report is the furthest thought from your mind. Because of this, often there can be times that the date of an appraisal report deviates from the time of death. Richard Frey assures that our staff is knowledgeable about the procedures and requirements requested by the federal and Florida revenue agencies to produce a retrospective appraisal with an effective date and 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) conforms our staff to confidentiality, providing the highest degree of discretion for you and your family.
All too often, people do not fully realize the importance in having an exhaustive appraisal report produced in support of the figures displayed in tax documents filed with the IRS.
A comprehensive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. In having a report backed by Richard Frey's expert appraisers, you will have the peace of mind that the numbers displayed in the report will clearly demonstrate to the Florida agencies that the numbers used are accurate and correct.
Having a professional report from Richard Frey gives the executor definite facts and figures to work with in exceeding IRS and Florida state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever challenged.