Benson McDonald knows the special needs of estate executors
The task 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 deceased as swiftly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.
Attorneys and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. There are required needs for everyone; we cater to these requirements and are used to to working with all parties involved. We write appraisal reports that exceed the requirements of the legal system and different groups.
Contact us as soon as possible to discuss your unique estate appraisal needs and how we can put our knowledge to work for you.
Commonly, settling an estate requires an irrefutable appraisal report to show fair market value for the home 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. So, there's a chance the date an appraisal report is needed will differ the date of death. We are accustomed to the practices and requirements necessary to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, certifying the fullest degree of discretion for you.
The importance of needing a real estate appraisal when working with government agencies to explain income when filing documents is often unknown by most people.
One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. In having a report supported by Benson McDonald's expert staff, you will have the understanding that the numbers shown in the report will clearly demonstrate to the authorities that the numbers used are well founded and substantiated.
An executor will be satisfied by a report by Benson McDonald which will give him solid facts and numbers to work with revenue agencies' requirements. There's no need to be stressed out when getting a report from us, because we will back it no matter what.
Opinions of value used in documents filed with the the IRS and SC state agencies definitely should be supported by an accurate report as to how the appraiser acquired his conclusions.