![]() Appraisals for Estate Settlement by Hemsley Appraisal, LLCThe job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement. Lawyers and accountants count on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Sometimes, everyone involved will have differing suggestions of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. We create appraisal reports that transcend the needs of the courts and other groups. Contact us as soon as possible to discuss your exact estate appraisal essentials and how we can put our experience to work for you. Settling an estate usually depends on an appraisal to establish fair market value for the home therein. We empathize that when you lose a loved one, ordering an appraisal report is the furthest thought from your mind. Due to this, now and then the time of death differs from the date the appraisal is requested. Hemsley Appraisal, LLC assures that we are knowledgeable about the procedures and requirements needed by the IRS and FL revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, assuring the strongest degree of discretion for you. Most of the time people do not fully appreciate the requirement to have a full real estate appraisal produced in support of the numbers shown in tax documents filed with the IRS and FL state agencies. An exhaustive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are well-founded and substantiated. Hemsley Appraisal, LLC will provide an well-founded report, which will provide an executor accurate facts and figures that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever refuted. One of the most significant requirements in a report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. |