Estate Settlement Appraisals in HI by Lum & AssociatesSettling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as quickly 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 in bereavement. Part of Lum & Associates's mission statement is to produce top-notch, ethical appraisals that lawyers can depend on. Often, the parties involved will have different ideas of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. In our company, we are accustomed to working with legal agencies in producing reports that meet their demands. Contact us immediately to discuss your precise estate appraisal essentials 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 house therein. We sympathize that when you lose a loved one, ordering an appraisal is the furthest thought from your mind. Because of this, now and then there can be times that the effective date of an appraisal report differs from the date of your loss. Our company is accustomed to the practices and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, certifying the fullest degree of discretion for you and your loved ones. Most people don't realize that the IRS requires documents filed to express the numbers involved in estate sales. Opinions of value used in documents filed with the the IRS and HI state agencies absolutely should be backed by a comprehensive report as to how the appraiser came to his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and substantiated. Lum & Associates ensures an detailed appraisal, which will give an executor solid facts and numbers that will exceed IRS and state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever refuted. One of the most significant 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. |