Estate Settlement Appraisals in KY by Jim Martin & Associates

Settling 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 swiftly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.

Part of Jim Martin & Associates's company goal is to produce top-notch, ethical appraisals that attorneys can depend on. Generally, all parties will have different requirements of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. In our company, we are used to working with law offices in assembling appraisal reports that out-strip their requirements.

Generally, settling an estate requires an irrefutable appraisal report to determine fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Due to this, there is a chance that the date of death differs from the time the appraisal is needed. Our company is familiar with the systems and requirements needed to perform 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 requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, ensuring the strongest degree of discretion for you and your loved ones.

The necessity of owning a real estate appraisal when working with the IRS to show income when filing documents is often not considered by most people.

An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and substantiated.

Jim Martin & Associates will provide an accurate appraisal, which will give an executor definite facts and figures that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever refuted.

Opinions of value displayed in documents filed with the revenue authorities absolutely should be backed by an exhaustive report as to how the appraiser acquired his conclusions.