DataMaster 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 swiftly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement. Part of DataMaster's drive is to create top-notch, ethical appraisals that attorneys can rely on. Generally, the parties involved will have different expectations of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. In relation to our familiarity in working with the legal system and various agencies, we construct appraisal reports that always outdo all expectations. Contact us as soon as possible to discuss your exact estate appraisal needs and how we can put our knowledge to work for you. Generally, settling an estate requires an irrefutable appraisal report to establish fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, sometimes the date of death differs from the date the appraisal is required. DataMaster assures that we are familiar with the procedures and requirements requested by the IRS and UT revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, assuring the fullest degree of privacy for you and your loved ones. People often forget that the IRS needs reports filed to express the numbers involved in estate sales. One of the most essential requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and correct. Having a professional report from DataMaster gives the executor solid facts and figures to work with in exceeding IRS and UT state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever refuted. Opinions of value displayed in documents provided to the revenue authorities absolutely should be backed by an exhaustive report as to how the appraiser came to his conclusions. |