Appraisals for Estate Settlement by Drew Hoffman

Estate settlement 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 respect to the feelings of everyone involved.

Part of Drew Hoffman's company goal is to create top-notch, ethical appraisals that attorneys can rely on. Usually, everyone involved will have different requirements of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. Due to our experience in dealing with attorneys and accountants and different agencies, we produce appraisal reports that definitely outdo all expectations.

Contact us as soon as possible to discuss your personal estate appraisal needs and how we can put our business acumen to work for you.

Settling an estate commonly requires an appraisal to ascertain fair market value for the estate in question. It's understandable that ordering an appraisal is the farthest thought from your mind. Of course, you need to take care of your loved ones first. Drew Hoffman assures that our appraisers are comfortable with the procedures and requirements requested by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, certifying the strongest degree of discretion for all parties involved.

Most of the time people do not fully appreciate the requirement to have a full appraisal report produced in support of the numbers displayed in tax documents filed with the IRS.

One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the IN agencies that the numbers used are accurate and substantiated.

Drew Hoffman guarantees an accurate report, which will provide an executor accurate facts and figures that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever refuted.

An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions.