Property Valuations for Estate Settlement by Romano & AssociatesSettling an estate is often stressful, but a very important job. It's up to you as a trustee to carry out the wishes of the departed as quickly and attentively as possible. You can count on Romano & Associates to act expeditiously and with as much compassion to the feelings of everyone involved.
Attorneys and accountants count on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being determined for real property. There are specific needs for everyone; we cater to these necessities and are comfortable with working with all parties involved. Due to our experience in dealing with the courts and different agencies, we create appraisals that definitely exceed all expectations.
Commonly, settling an estate necessitates an accurate appraisal report to establish market value for the home to the satisfaction of the parties involved. We empathize that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. Due to this, there is a chance that the time of death differs from the date the appraisal is requested. Our company is comfortable with the systems and requirements necessary to provide a retrospective appraisal with an effective date and market value estimate matching the exact date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, assuring the strongest degree of discretion for all parties involved.
Often, people do not fully realize the necessity in having a complete appraisal report produced in support of the numbers displayed in tax documents filed with the IRS and Louisiana state agencies.
Opinions of value used in documents provided to the IRS and Louisiana agencies absolutely should be backed by an accurate report as to how the appraiser arrived at his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and correct.
An executor will be ecstatic by a report by Romano & Associates which will provide him undeniable facts and figures to work with any legal agency's requirements. You need not worry over anything, because we will be there to support our appraisals if they are ever challenged.