Estate Settlement Appraisals in IA by First Security

Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.

Part of First Security's mission statement is to provide top-notch, ethical appraisals that lawyers can depend on. We comprehend their needs and are acclimated to working with all parties involved. We write appraisal reports that transcend the requirements of the legal system and different groups.

Generally, settling an estate requires an extensive appraisal report to acquire fair market value for the house to the satisfaction of the parties involved. We empathize that in times like this, even thinking about an appraisal report is the furthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal report differs from the date of your loss. We are accustomed to the systems and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, assuring the strongest degree of privacy for all parties involved.

People often forget that the IRS requires information filed to express the numbers involved in estate sales.

An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. A report of this caliber will clearly demonstrate the evidence that the numbers expressed within the report are well-founded and accurate.

An executor will be ecstatic by a report by First Security which will give him irrefutable facts and numbers to cooperate with the IRS and IA state agencies' requirements. There's no need to worry when getting an appraisal from us, because we will support it no matter what.

Opinions of value displayed in documents filed with the the IRS and IA state agencies absolutely should be backed by an exhaustive report as to how the appraiser came to his conclusions.