Peninsula Appraisal Services knows the special needs of estate executors

Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.

Attorneys and accountants count on our understanding when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. There are required needs for everyone; we realize these necessities and are acclimated to dealing with all parties involved. Among our staff, we are used to interacting with legal agencies in producing appraisal reports that transcend their demands.

Contact us promptly to discuss your precise estate appraisal needs and how we can put our business acumen to work for you.

Usually, settling an estate requires an extensive appraisal report to show fair market value for the home to the satisfaction of the parties involved. We empathize that in this time of loss, acquiring an appraisal report is the furthest thought from your mind. Because of this, now and then there will be times that the date of an appraisal differs from the date of your loss. Peninsula Appraisal Services assures that our appraisers are knowledgeable about the procedures and requirements needed by the IRS and FL revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, guaranteeing the strongest degree of discretion for you and your family.

Many people do not understand that the IRS needs documents filed to support the numbers involved in estate sales.

An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. A report of this caliber will certainly substantiate the evidence that the numbers provided within the report are well-founded and accurate.

An executor will be over-joyed by an appraisal by Peninsula Appraisal Services which will give him solid facts and figures to cooperate with any legal agency's requirements. You need not worry over anything, because Peninsula Appraisal Services will be there to stand by our reports if they are ever challenged.

One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.