![]() Estate Settlement Appraisals in VA by Coastal AppraisalSettling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved. Part of Coastal Appraisal's mission statement is to offer top-notch, ethical appraisals that attorneys can rely on. There are required needs for everyone; we realize these needs and are acclimated to dealing with all parties involved. Due to our experience in working with attorneys and accountants and other agencies, we provide reports that always outdo all expectations. Contact us promptly to discuss your personal estate appraisal essentials and how we can put our experience to work for you. Generally, settling an estate necessitates an detailed appraisal report to determine fair market value for the property to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Of course, you need to comfort your loved ones first. We are accustomed to the practices and requirements needed to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, ensuring the highest degree of discretion for you and your loved ones. Often, people do not fully acknowledge the requirement to have a detailed appraisal prepared in support of the numbers shown in tax documents filed with the IRS and VA state agencies. 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 supported by Coastal Appraisal's professional appraisers, you will have the peace of mind that the numbers shown in the appraisal report will definitely demonstrate to the VA agencies that the numbers used are accurate and correct. Coastal Appraisal will provide an well-founded appraisal report, which will give an executor definite facts and figures that will exceed IRS and revenue agency requirements. You need not be concerned over anything, because Coastal Appraisal will be there to support our reports if they are ever challenged. Opinions of value used in documents filed with the revenue authorities definitely should be supported by an exhaustive report as to how the appraiser arrived at his conclusions. |