Property Valuations for Estate Settlement by Biddle Appraisals, LLC

The job 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 swiftly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.

Attorneys and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. There are required needs for everyone; we realize these necessities and are acclimated to dealing with all parties involved. Among our staff, we are accustomed to interacting with law offices in supplying reports that exceed their necessities.

Settling an estate generally depends on an appraisal to determine fair market value for the property in question. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, now and then the date of death differs from the date the appraisal is ordered. Our professional staff is knowledgeable about the practices and requirements obligatory to produce 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 stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, providing the fullest degree of privacy for you.

The requirement of needing an appraisal when working with revenue services to explain income when filing documents is often unknown 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. Such a report will clearly demonstrate to the OH agencies that the numbers used are accurate and substantiated.

Having a professional appraisal from Biddle Appraisals, LLC gives the executor irrefutable facts and figures to work with in exceeding IRS and OH state agency requirements. You need not be concerned over anything, because we will be there to back up our work if they are ever refuted.

One of the most essential requirements in a report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.