Appraisals for Estate Settlement by Fennell Appraisal Service, Inc.
The responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.
Attorneys and accountants depend on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. There are specific needs for everyone; we comprehend these necessities and are acclimated to working with all parties involved. We offer appraisal reports that out-strip the needs of the courts and different groups.
Contact us today to discuss your personal estate appraisal needs and how we can put our knowledge to work for you.
Commonly, 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. So, we understand that the time an appraisal is ordered will deviate the date of death. Fennell Appraisal Service, Inc. assures that our staff are knowledgeable about the procedures and requirements needed by revenue services to supply 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 ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, certifying the highest degree of privacy for you.
The requirement of having an appraisal when dealing with revenue services to show income when filing documents is often unknown by most people.
An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the KY agencies that the numbers used are accurate and substantiated.
Having a professional appraisal from Fennell Appraisal Service, Inc. gives the executor definite facts and figures to work with in going beyond IRS and KY state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever challenged.
An exhaustive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions.