Estate Settlement Appraisals in South Carolina by Mike Surles RE, LLC
The responsibility of settling an estate, while stressful, is not to be taken lightly. As an executor, you have been given the authority to carry out the wishes of the departed as promptly and respectfully as possible. You can count on us to respond expeditiously and with as much compassion to the feelings of everyone left behind.
Lawyers and accountants depend on our conduct when calculating real estate 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 acclimated to collaborating with all parties involved. We produce appraisal reports that transcend the obligations of the courts and other groups.
Settling an estate usually depends on an appraisal to acquire market value for the estate in question. We sympathize that in this time of loss, even thinking about an appraisal report is the furthest thought from your mind. Because of this, often there will be times that the effective date of an appraisal report differs from the time of death. Mike Surles RE, LLC assures that we are comfortable with the procedures and requirements needed by the federal and South Carolina revenue agencies to perform a retrospective appraisal with an effective date and 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 appraisers to confidentiality, providing the strongest degree of discretion for you and your family.
Most people don't realize that the IRS needs documents filed to express the numbers involved in estate sales.
One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the authorities that the numbers used are accurate and correct.
Having a professional appraisal from Mike Surles RE, LLC gives the executor undeniable facts and figures to work with in exceeding IRS and South Carolina 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 challenged.