Property Valuations for Estate Settlement by Timberbrook Appraisal 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 exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.

Lawyers and accountants rely on our ideals when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. We comprehend their needs and are accustomed to dealing with all parties involved. Among our staff, we are accustomed to dealing with the courts in producing appraisal reports that meet their demands.

Usually, settling an estate requires an irrefutable appraisal report to establish fair market value for the property to the satisfaction of the parties involved. We sympathize that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. So, there's a chance the date an appraisal report is ordered will not match the date of death. We are familiar with the systems and requirements necessary to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, ensuring the highest degree of privacy for you and your family.

Many people do not understand that the IRS requires information filed to show the numbers involved in estate sales.

Opinions of value displayed in documents provided to the revenue authorities absolutely should be supported by an exhaustive report as to how the appraiser came to his conclusions. A report of this caliber will clearly show the evidence that the numbers expressed within the report are well-founded and accurate.

Having a professional report from Timberbrook Appraisal LLC. gives the executor undeniable facts and figures to work with in exceeding IRS and OH state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever challenged.

Opinions of value used in documents provided to the the IRS and OH state agencies absolutely should be backed by an accurate report as to how the appraiser arrived at his conclusions.