Estate Settlement Appraisals in NJ by JAMES HENRY CRUPI LLC.
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 deceased as promptly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.
Attorneys and accountants count on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. Usually, everyone involved will have different ideas of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. We construct appraisal reports that exceed the necessities of the legal system and different groups.
Contact us immediately to discuss your specialized estate appraisal requirements and how we can put our business acumen to work for you.
Settling an estate most often depends on an appraisal to suggest fair market value for the residential property affected. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Of course, it's expected that you need to comfort your loved ones first. JAMES HENRY CRUPI LLC. assures that our staff are familiar with the procedures and requirements needed by the IRS and NJ revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, guaranteeing the highest degree of privacy for you and your family.
Many people do not understand that the IRS needs reports filed to express the numbers involved in estate sales.
Opinions of value displayed in documents filed with the revenue authorities absolutely should be supported by an accurate report as to how the appraiser came to his conclusions. In having a report supported by JAMES HENRY CRUPI LLC.'s professional appraisers, you will have the knowledge that the numbers displayed in the report will definitely demonstrate to the IRS that the numbers used are well founded and correct.
Having a professional appraisal report from JAMES HENRY CRUPI LLC. gives the executor undeniable facts and figures to work with in exceeding IRS and NJ state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever refuted.
An exhaustive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions.