Quality Time Appraisals knows the special needs of estate executors

Estate settlement is an important and sometimes stressful task. 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 sympathy to the feelings of everyone involved.

Attorneys and accountants count on our ethics when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. There are required needs for everyone; we cater to these necessities and are acclimated to dealing with all parties involved. Because of our experience in working with the legal system and other agencies, we create appraisals that definitely meet all expectations.

Contact us as soon as possible to discuss your exact estate appraisal essentials and how we can put our business acumen to work for you.

Usually, settling an estate requires an clear appraisal report to acquire fair market value for the property 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. So, there's a chance the date an appraisal is requested will not match the date of death. We are comfortable with the practices and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, guaranteeing the highest degree of privacy for you and your loved ones.

Most of the time people do not fully realize the requirement to have an intricate real estate appraisal supplied in support of the numbers being used in tax documents filed with revenue authorities.

Opinions of value used in documents filed with the revenue authorities absolutely should be supported by an exhaustive report as to how the appraiser came to his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are well-founded and correct.

An executor will be over-joyed by a report by Quality Time Appraisals which will give him undeniable facts and numbers to cooperate with the IRS and NJ state agencies' requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever challenged.

One of the most necessary requirements in a report is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion.