Lonepine Appraisal Co. knows the special needs of estate executors

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

Lawyers and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Often, everyone involved will have differing ideas of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. Because of our familiarity in dealing with attorneys and accountants and various agencies, we write appraisals that always transcend all expectations.

Settling an estate generally demands an appraisal to acquire fair market value for the house in question. We know that in this time of loss, even thinking about an appraisal report is the furthest thought from your mind. Because of this, now and then there will be times that the date of an appraisal differs from the time of death. Our company is accustomed to the systems and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, assuring the strongest degree of privacy for you and your loved ones.

Most people don't realize that the IRS requires documents filed to express the numbers involved in estate sales.

An exhaustive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and substantiated.

Having a professional report from Lonepine Appraisal Co. gives the executor irrefutable facts and figures to work with in exceeding IRS and ID state agency requirements. You need not be concerned over anything, because we will be there to stand by our appraisals if they are ever refuted.

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