Appraisals for Estate Settlement by Northwoods Valuation LLC

Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.

Part of Northwoods Valuation LLC's focus is to supply top-notch, ethical appraisals that attorneys can depend on. We cater to their needs and are accustomed to helping with all parties involved. Because of our familiarity in working with attorneys and accountants and various agencies, we provide appraisal reports that definitely transcend all expectations.

Settling an estate usually depends on an appraisal to establish fair market value for the residential property in question. We sympathize that in times like this, acquiring an appraisal is the furthest thought from your mind. Due to this, it is possible that the date of death differs from the date the appraisal is requested. Northwoods Valuation LLC assures that our appraisers are comfortable with the procedures and requirements requested 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 ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, certifying the strongest degree of privacy for all parties involved.

The requirement of owning an appraisal when working with the IRS to prove income when filing documents is often not considered by most people.

One of the most important requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the authorities that the numbers used are well-founded and substantiated.

An executor will be ecstatic by an appraisal by Northwoods Valuation LLC which will provide him solid facts and numbers to deal with revenue agencies' requirements. You need not worry over anything, because we will be there to stand by our work if they are ever refuted.

An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions.