![]() Arnold Appraisal Service understands the special needs of estate executorsEstate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved. Part of Arnold Appraisal Service's company goal is to supply top-notch, ethical appraisals that attorneys can depend on. Generally, the parties involved will have differing suggestions of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. We produce appraisal reports that out-strip the necessities of the legal system and other groups. Contact us as soon as possible to discuss your specific estate appraisal requirements and how we can put our knowledge to work for you. Settling an estate generally requires an appraisal to determine fair market value for the residential property involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Of course, you have to be there for your loved ones first. Arnold Appraisal Service assures that our appraisers are accustomed to the procedures and requirements needed by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, providing the highest degree of privacy for all parties involved. People often forget that the IRS needs information filed to show the numbers involved in estate sales. One of the most necessary requirements in an appraisal is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and substantiated. Having a professional appraisal report from Arnold Appraisal Service gives the executor undeniable facts and figures to work with in exceeding IRS and VT state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever challenged. One of the most important requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. |