Lakelands Appraisal Group, LLC knows the special needs of estate executors

Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as quickly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.

Attorneys and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. There are required needs for everyone; we are sympathetic to these requirements and are acclimated to working with all parties involved. In our company, we are used to dealing with the courts in assembling appraisals that meet their requirements.

Settling an estate commonly requires an appraisal to show fair market value for the estate involved. We sympathize that in times like this, even thinking about an appraisal report is the furthest thought from your mind. So, we understand that the time an appraisal report is needed will not match the date of death. Lakelands Appraisal Group, LLC assures that we are accustomed to the procedures and requirements requested by the IRS and SC revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, providing the fullest degree of privacy for you and your loved ones.

The requirement of having an appraisal when working with government agencies to explain income when filing documents is often misunderstood by most people.

Opinions of value shown in documents filed with the the IRS and SC state agencies absolutely should be supported by a detailed report as to how the appraiser acquired his conclusions. This sort of report will clearly substantiate your claim that the numbers provided within the report are well-founded and accurate.

Lakelands Appraisal Group, LLC guarantees an substantiated report, which will provide an executor solid facts and numbers that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever challenged.

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