Property Valuations for Estate Settlement by Gate City BankThe task of settling an estate, while stressful is very important. 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 sympathy to the feelings of everyone left behind. Part of Gate City Bank's mission statement is to create top-notch, ethical appraisals that lawyers can rely on. Often, all parties will have differing expectations of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. We assemble appraisal reports that meet the obligations of the legal system and assorted agencies. Contact us as soon as possible to discuss your explicit estate appraisal essentials and how we can put our experience to work for you. Settling an estate usually requires an appraisal to determine fair market value for the home in question. We know that when you lose a loved one, ordering an appraisal report is the furthest thought from your mind. Due to this, now and then the time of death differs from the time the appraisal is needed. Our staff is comfortable with the systems 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 ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, assuring the highest degree of discretion for you and your family. The necessity of owning an appraisal report when dealing with the IRS to explain income when filing documents is often unknown by most people. Opinions of value used in documents filed with the the IRS and ND state agencies definitely should be supported by a comprehensive report as to how the appraiser arrived at his conclusions. A report of this caliber will clearly substantiate the evidence that the numbers provided within the report are well-founded and accurate. Having a professional appraisal report from Gate City Bank gives the executor undeniable facts and figures to work with in exceeding IRS and ND state agency requirements. There's no need to be stressed out when getting an appraisal from us, because we will stand by it no matter what. An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. |