Appraisals for Estate Settlement by Delmarva Appraisal Services, LLC

Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as quickly and with as much dignity as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.

Part of Delmarva Appraisal Services, LLC's mission statement is to offer top-notch, ethical appraisals that attorneys can depend on. We comprehend their needs and are accustomed to dealing with all parties involved. Because of our familiarity in working with attorneys and accountants and different agencies, we furnish appraisal reports that always meet all expectations.

Contact us promptly to discuss your precise estate appraisal essentials and how we can put our experience to work for you.

Usually, settling an estate necessitates an extensive appraisal report to establish fair market value for the property to the satisfaction of the parties involved. We empathize that in times like this, acquiring an appraisal is the furthest thought from your mind. Due to this, often the date of death differs from the time the appraisal is ordered. Delmarva Appraisal Services, LLC assures that our staff are knowledgeable about the procedures and requirements requested by revenue services to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, ensuring the fullest degree of privacy for you and your loved ones.

Most people don't realize that the IRS needs reports filed to support the numbers involved in estate sales.

One of the most necessary requirements in a report is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the Maryland agencies that the numbers used are accurate and correct.

Having a professional report from Delmarva Appraisal Services, LLC gives the executor undeniable facts and figures to work with in going beyond IRS and Maryland state agency requirements. You need not stress over anything, because Delmarva Appraisal Services, LLC will be there to support our work if they are ever challenged.

Opinions of value shown in documents filed with the revenue authorities definitely should be backed by a detailed report as to how the appraiser arrived at his conclusions.