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Property Valuations for Estate Settlement by Cheaney Appraisal Service

The task 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 departed as quickly and exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone in bereavement.

Attorneys and accountants rely on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. We understand their needs and are familiar with working with all parties involved. Among our staff, we are accustomed to dealing with the courts in writing appraisal reports that meet their necessities.

Contact us immediately to discuss your precise estate appraisal needs and how we can put our knowledge to work for you.

Settling an estate most often depends on an appraisal to show fair market value for the residential property in question. We empathize that when you lose a loved one, ordering an appraisal report is the furthest thought from your mind. Because of this, often there will be times that the date of an appraisal deviates from the time of death. Cheaney Appraisal Service assures that our appraisers are comfortable with the procedures and requirements requested by the IRS and IN revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, providing the fullest degree of privacy for all parties involved.

Most of the time people do not fully appreciate the importance in having a comprehensive appraisal produced in support of the numbers shown in tax documents filed with the IRS.

An exhaustive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. In having a report backed by Cheaney Appraisal Service's professional appraisers, you will have the peace of mind that the numbers provided in the report will clearly demonstrate to the IN agencies that the numbers used are well founded and substantiated.

Having a professional report from Cheaney Appraisal Service gives the executor solid facts and figures to work with in meeting IRS and IN state agency requirements. There's no need to be stressed out when getting a report from us, because we will support it no matter what.

One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.