Benchmark Appraisal Services, Inc. knows the special needs of estate executorsSettling 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 promptly and respectfully as possible. You can count on Benchmark Appraisal Services, Inc. to act quickly and with as much empathy to the feelings of everyone left behind.
Lawyers and accountants depend on our conduct when calculating real property values for estates, divorces, or other disputes requiring a value being determined for real property. We understand their needs and are acclimated to dealing with all parties involved. We construct appraisal reports that transcend the necessities of the legal system and various agencies.
Settling an estate most often requires an appraisal to suggest market value for the residential property involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, often there will be times that the date of an appraisal differs from the date of your loss. Benchmark Appraisal Services, Inc. assures that we are accustomed to the procedures and requirements requested by revenue services to supply a retrospective appraisal with an effective date and market value estimate matching the date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, guaranteeing the strongest degree of discretion for all parties involved.
The necessity of having an appraisal when cooperating with revenue services to prove income when filing documents is often overlooked by most people.
One of the most necessary requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. In having a report backed by Benchmark Appraisal Services, Inc.'s expert staff, you will have the knowledge that the numbers displayed in the appraisal will certainly demonstrate to the Virginia agencies that the numbers used are well founded and correct.
Having a professional appraisal report from Benchmark Appraisal Services, Inc. gives the executor solid facts and figures to work with in exceeding IRS and Virginia state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever refuted.