Toates Appraisals understands the special needs of estate executors

The job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.

We've shown that we're experts in supplying excellent appraisals that attorneys and accountants have come to rely on. There are required needs for everyone; we realize these requirements and are comfortable to working with all parties involved. We supply appraisal reports that surpass the needs of the courts and other groups.

Contact us immediately to discuss your personal estate appraisal essentials and how we can put our business acumen to work for you.

Settling an estate commonly demands an appraisal to ascertain fair market value for the home in question. It's understandable that ordering an appraisal is the farthest thought from your mind. Of course, it's expected that you need to take care of your family first. Toates Appraisals assures that we are familiar with the procedures and requirements needed by the IRS and SD 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 ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, ensuring the fullest degree of privacy for you and your family.

The requirement of having an appraisal when dealing with revenue services to show income when filing documents is often not considered by most people.

A comprehensive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. A report of this caliber will clearly show your claim that the numbers within within the report are well-founded and accurate.

Having a professional appraisal from Toates Appraisals gives the executor irrefutable facts and figures to work with in exceeding IRS and SD state agency requirements. You need not worry over anything, because Toates Appraisals will be there to stand by our reports if they are ever challenged.

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