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Estate Settlement Appraisals in VA by VA-MD Appraisal Group, LLC.

Settling 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 swiftly and exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone in bereavement.

We've made it our company's goal in providing top-notch appraisals that attorneys and accountants have come to depend on. There are required needs for everyone; we realize these necessities and are comfortable to dealing with all parties involved. In our company, we are used to working with the courts in writing appraisals that surpass their necessities.

Contact us as soon as possible to discuss your specialized estate appraisal requirements and how we can put our knowledge to work for you.

Settling an estate commonly requires an appraisal to suggest fair market value for the house involved. We empathize that in this time of loss, ordering an appraisal is the furthest thought from your mind. So, there's a chance the date an appraisal report is requested will differ the date of death. We are accustomed to the practices 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 explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, providing the highest degree of discretion for you and your loved ones.

Most people don't realize that the IRS requires reports filed to express the numbers involved in estate sales.

A comprehensive 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 certainly demonstrate to the IRS that the numbers used are well-founded and substantiated.

An executor will be over-joyed by an appraisal by VA-MD Appraisal Group, LLC. which will provide him irrefutable facts and figures to work with the IRS and VA state agencies' requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever challenged.

One of the most important requirements in a report is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion.