![]() Appraisals for Estate Settlement by Justin ShimpSettling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and with as much dignity as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement. Part of Justin Shimp's drive is to produce top-notch, ethical appraisals that attorneys can depend on. Usually, everyone involved will have differing ideas of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. Due to our familiarity in working with the courts and different agencies, we provide appraisals that definitely outdo all expectations. Contact us immediately to discuss your specialized estate appraisal specifications and how we can put our experience to work for you. Usually, settling an estate requires an irrefutable appraisal report to acquire fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Because of this, often there can be times that the date of an appraisal deviates from the time of death. Justin Shimp assures that we are comfortable with the procedures and requirements requested by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, certifying the strongest degree of privacy for you and your family. Often, people do not fully appreciate the requirement to have a detailed appraisal report produced in support of the numbers displayed in general documents filed with the IRS. One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and correct. Having a professional report from Justin Shimp gives the executor undeniable facts and figures to work with in meeting IRS and FL state agency requirements. You need not stress over anything, because Justin Shimp will be there to support our reports if they are ever challenged. Opinions of value displayed in documents filed with the revenue authorities definitely should be backed by a detailed report as to how the appraiser came to his conclusions. |