Property Valuations for Estate Settlement by Robert Bodkin

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 quickly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone left behind.

Attorneys and accountants depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. We cater to their needs and are used to working with all parties involved. In relation to our familiarity in dealing with the legal system and other agencies, we write reports that definitely transcend all expectations.

Usually, settling an estate requires an detailed appraisal report to establish fair market value for the house to the satisfaction of the parties involved. We know that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. Of course, you have to be there for your loved ones first. Our professional staff is accustomed to the procedures and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, providing the highest degree of privacy for all parties involved.

Many times, people do not fully understand the need to have a complete appraisal supplied in support of the numbers displayed in tax documents filed with the IRS.

Opinions of value shown in documents provided to the revenue authorities absolutely should be supported by a detailed report as to how the appraiser arrived at his conclusions. Such a report will clearly demonstrate to the authorities that the numbers used are accurate and substantiated.

An executor will be ecstatic by an appraisal report by Robert Bodkin which will give him undeniable facts and numbers to work with any legal agency's 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 required to support the methods the appraiser used to come to his conclusions.