Five Star Appraisals knows the special needs of estate executors

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 deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement.

We've made a name for ourselves in supplying top-notch appraisals that attorneys and accountants have come to rely on. Usually, all parties will have differing ideas of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. In relation to our familiarity in working with the legal system and various agencies, we assemble reports that definitely outdo all expectations.

Settling an estate commonly requires an appraisal to acquire fair market value for the estate in question. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. So, we understand that the date an appraisal is ordered will be different from the date of death. We are comfortable with the procedures and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, guaranteeing the highest degree of discretion for you and your loved ones.

Many times, people do not fully appreciate the requirement to have an exhaustive appraisal report prepared in support of the numbers displayed in tax documents filed with the IRS.

A comprehensive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. In having a report supported by Five Star Appraisals's professional appraisers, you will have the knowledge that the numbers shown in the report will clearly demonstrate to the SC agencies that the numbers used are accurate and correct.

An executor will be over-joyed by an appraisal report by Five Star Appraisals which will give him solid facts and figures to work with the IRS and SC state agencies' requirements. You need not worry over anything, because we will be there to back up our work if they are ever refuted.

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