![]() Appraisals for Estate Settlement by New Century Appraisals, llcSettling an estate 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 respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved. Lawyers and accountants count on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. We comprehend their needs and are acclimated to dealing with all parties involved. Among our staff, we are accustomed to interacting with legal agencies in composing appraisal reports that out-strip their demands. Contact us as soon as possible to discuss your exact estate appraisal needs and how we can put our experience to work for you. Usually, settling an estate requires an extensive appraisal report to show fair market value for the house to the satisfaction of the parties involved. We understand that in times like this, ordering an appraisal report is the furthest thought from your mind. Due to this, it is possible that the date of death differs from the time the appraisal is requested. Our staff is accustomed to the systems and requirements necessary to perform 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) keeps our appraisers to confidentiality, assuring the strongest degree of discretion for all parties involved. Most of the time people do not fully fathom the requirement to have a complete appraisal report prepared in support of the numbers displayed in general documents filed with revenue authorities. One of the most essential requirements in an appraisal is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. In having a report backed by New Century Appraisals, llc's expert staff, you will have the understanding that the numbers provided in the report will certainly demonstrate to the IRS that the numbers used are accurate and substantiated. Having a professional appraisal report from New Century Appraisals, llc gives the executor undeniable facts and figures to work with in exceeding IRS and NJ state agency requirements. You need not worry over anything, because we will be there to support our appraisals if they are ever challenged. Opinions of value displayed in documents provided to the the IRS and NJ state agencies absolutely should be backed by a comprehensive report as to how the appraiser arrived at his conclusions. |