Property Valuations for Estate Settlement by William NewcombThe job of settling an estate, often a source of stress, is very important. As an executor, you have been entrusted to carry out the wishes of the departed as promptly and with as much dignity as possible. You can count on William Newcomb to act quickly and with as much respect to the feelings of everyone left behind.Lawyers and accountants count on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. We cater to their needs and are used to dealing with all parties involved. We write appraisal reports that transcend the requirements of the courts and assorted groups.
Commonly, settling an estate requires an irrefutable appraisal report to show market value for the property to the satisfaction of the parties involved. We understand that when you lose a loved one, acquiring an appraisal report is the furthest thought from your mind. Due to this, sometimes the date of death differs from the time the appraisal is requested. William Newcomb assures that our appraisers are comfortable with the procedures and requirements needed by the federal and New Jersey revenue agencies to produce a retrospective appraisal with an effective date and market value estimate matching the exact date you suffered the loss of your loved one. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, assuring the highest degree of discretion for you and your family. People often forget that the IRS needs information filed to explain the numbers involved in estate sales. Opinions of value shown in documents provided to the IRS and New Jersey agencies definitely should be backed by a detailed report as to how the appraiser came to his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are well-founded and substantiated. William Newcomb guarantees an accurate appraisal, which will give an executor definite facts and figures that will meet IRS and state agency requirements. There's no need to worry when getting a report from William Newcomb, because we will support it no matter what. |