Property Valuations for Estate Settlement by Veracity Realty Services, llc

The responsibility 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 with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement.

Part of Veracity Realty Services, llc's drive is to provide top-notch, ethical appraisals that attorneys can depend on. Usually, all parties will have their own suggestions of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. We compose appraisal reports that exceed the needs of the legal system and various agencies.

Settling an estate commonly requires an appraisal to show fair market value for the house involved. We understand that in this time of loss, acquiring an appraisal report is the furthest thought from your mind. Because of this, now and then there can be times that the date of an appraisal differs from the time of death. Veracity Realty Services, llc assures that our staff are accustomed to the procedures and requirements requested by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, ensuring the fullest degree of privacy for you.

All too often, people do not fully understand the demand to have a complete real estate appraisal supplied in support of the numbers being used in tax documents filed with the IRS.

Opinions of value displayed in documents provided to the revenue authorities definitely should be backed by a detailed report as to how the appraiser came to his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and substantiated.

Veracity Realty Services, llc guarantees an substantiated report, which will provide an executor clear facts and figures that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever refuted.

Opinions of value used in documents provided to the revenue authorities absolutely should be supported by an exhaustive report as to how the appraiser acquired his conclusions.