Hand holding property in an Estate Settlement Appraisal

Appraisals for Estate Tax Purposes

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 deceased as promptly and respectfully as possible. You can count on Carlton Appraisals, Inc. to act quickly and with as much sympathy to the feelings of everyone involved.

We’ve shown that we're experts in producing excellent appraisals in Florida that attorneys and accountants have come to depend on. We understand their needs and are accustomed to working with all parties involved. We are used to dealing with legal agencies in producing reports that transcend their necessities.

Contact us as soon as possible to discuss your specialized estate settlement appraisal and how we can put our knowledge to work for you.

Fair Market Value of an Estate Appraisal

Settling an estate generally requires an appraisal to acquire fair market value for the house in question. It's understandable that ordering an estate appraisal is the farthest thought from your mind. Because of this, there can be times that the date of an appraisal differs from the time of death. Carlton Appraisals, Inc. assures that we are comfortable with the procedures and requirements requested by revenue services. We can supply a retroactive appraisal with an effective date and fair market value estimate, matching the date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP), attunes our company to confidentiality, guaranteeing the strongest degree of privacy for you and your loved ones.

Tax Agencies & Legal Requirements

The necessity of having an appraisal for estate tax purposes when cooperating with government agencies 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 support the methods the appraiser used to come to his conclusions. In having a report backed by Carlton Appraisals, Inc.'s professional appraisers, you will have the peace of mind that the numbers displayed in the appraisal report will clearly demonstrate to the IRS that the numbers used are well founded and substantiated.

Having a professional appraisal from Carlton Appraisals, Inc. gives the executor definite facts and figures to work with in meeting IRS and FL state agency requirements. It assures peace of mind to everyone concerned, because we will always be there to stand behind the appraisal report if it is ever refuted.

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

In addition to estate tax purposes of appraisals, we also offer expert witness testimony in many areas related to property value. Whatever your special circumstance, we’re available to accompany you in your property valuation in estate settlement cases.

When in need of an estate appraisal, contact us. We stand behind our estate settlement appraisals and will assist you through the process.