Estate Settlement Appraisals in NJ by Gold Coast Appraisal Group LLC
Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.
We've made it our company's goal in providing the best appraisals that attorneys and accountants have come to rely on. There are specific needs for everyone; we comprehend these requirements and are used to to working with all parties involved. In our company, we are used to working with the courts in providing appraisal reports that transcend their requirements.
Contact us today to discuss your personal estate appraisal requirements and how we can put our experience to work for you.
Generally, settling an estate necessitates an extensive appraisal report to suggest fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, there's a chance the time an appraisal is needed will deviate the date of death. Gold Coast Appraisal Group LLC assures that we are familiar with the procedures and requirements requested by the IRS and NJ revenue agencies to perform 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 ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, assuring the highest degree of discretion for you and your family.
Most people don't realize that the IRS requires documents filed to support the numbers involved in estate sales.
Opinions of value displayed in documents filed with the the IRS and NJ state agencies definitely should be supported by an exhaustive report as to how the appraiser arrived at his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and correct.
Gold Coast Appraisal Group LLC guarantees an detailed appraisal report, which will provide an executor clear facts and numbers that will exceed 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 refuted.
An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions.