Maddox Appraisal Service, LLC knows the special needs of estate executorsEstate settlement is often stressful, but a very important job. 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 compassion to the feelings of everyone left behind. Part of Maddox Appraisal Service, LLC's mission statement is to produce top-notch, ethical appraisals that attorneys can rely on. We comprehend their needs and are acclimated to helping with all parties involved. We construct appraisal reports that meet the needs of the courts and assorted groups. Contact us as soon as possible to discuss your individual estate appraisal essentials and how we can put our experience to work for you. Usually, settling an estate requires an clear appraisal report to acquire fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, often there will be times that the date of an appraisal report differs from the time of death. Maddox Appraisal Service, LLC assures that our staff are comfortable with the procedures and requirements needed by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, ensuring the highest degree of privacy for you and your family. The requirement of having an appraisal when cooperating with government agencies to prove income when filing documents is often misunderstood by most people. One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the KY agencies that the numbers used are well-founded and correct. An executor will be ecstatic by a report by Maddox Appraisal Service, LLC which will provide him irrefutable facts and numbers to work with revenue agencies' requirements. You need not be concerned over anything, because we will be there to stand by our reports if they are ever challenged. Opinions of value used in documents filed with the revenue authorities definitely should be supported by a comprehensive report as to how the appraiser acquired his conclusions. |