Estate Settlement Appraisals in VA by Lang Appraisal Service, LLC-Thane Wahl

The responsibility of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the departed as promptly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone left behind.

Attorneys and accountants rely on our ideals when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. Generally, the parties involved will have their own requirements of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. In relation to our familiarity in working with the legal system and various agencies, we provide reports that always outdo all expectations.

Generally, settling an estate necessitates an accurate appraisal report to establish fair market value for the property to the satisfaction of the parties involved. We understand that in times like this, acquiring an appraisal report is the furthest thought from your mind. So, there's a chance the date an appraisal is requested will not match the date of death. Lang Appraisal Service, LLC-Thane Wahl assures that our appraisers are knowledgeable about the procedures and requirements needed by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, ensuring the fullest degree of discretion for you and your family.

The requirement of owning an appraisal report when working with the IRS to show income when filing documents is often misunderstood by most people.

An exhaustive report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. In having a report backed by Lang Appraisal Service, LLC-Thane Wahl's expert appraisers, you will have the understanding that the numbers displayed in the report will definitely demonstrate to the IRS that the numbers used are well founded and correct.

Lang Appraisal Service, LLC-Thane Wahl ensures an well-founded appraisal, which will provide an executor accurate facts and numbers that will exceed IRS and revenue agency requirements. You need not worry over anything, because we will be there to support our reports if they are ever challenged.

Opinions of value shown in documents provided to the revenue authorities definitely should be supported by a detailed report as to how the appraiser acquired his conclusions.