Estate Settlement Appraisals in Pennsylvania by Craig Gehm AppraisalsSettling an estate is an important and sometimes stressful task. As a trustee, you've been given the authority to carry out the wishes of the departed as swiftly and with as much dignity as possible. You can count on Craig Gehm Appraisals to respond expeditiously and with as much respect to the feelings of everyone left behind.
We've made it our company's goal in providing top-notch appraisals that attorneys and accountants have come to rely on. Generally, the parties involved will have different ideas of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. Among our staff, we are accustomed to dealing with the courts in assembling appraisal reports that transcend their demands.
Settling an estate commonly demands an appraisal to suggest market value for the property in question. We know that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. So, there's a chance the time an appraisal is requested will not match the date of death. Our professional staff is familiar with the practices and requirements needed to perform a retrospective appraisal with an effective date and market value estimate matching the exact date of death. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, assuring the highest degree of discretion for you.
Many people do not understand that the IRS needs reports filed to support the numbers involved in estate sales.
An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the Pennsylvania agencies that the numbers used are accurate and substantiated.
Craig Gehm Appraisals ensures a substantiated appraisal report, which will give an executor definite facts and figures that will meet IRS and state agency requirements. You need not worry over anything, because we will be there to support our reports if they are ever challenged.