![]() Estate Settlement Appraisals in IN by The Nugent CompanyThe task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone left behind. Part of The Nugent Company's mission statement is to supply top-notch, ethical appraisals that attorneys can rely on. There are specific needs for everyone; we understand these requirements and are familiar to dealing with all parties involved. We compose appraisal reports that outdo the obligations of the legal system and various groups. Contact us immediately to discuss your specific estate appraisal demands and how we can put our experience to work for you. Generally, settling an estate requires an detailed appraisal report to determine fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, often there will be times that the date of an appraisal report differs from the date of your loss. The Nugent Company assures that our appraisers are knowledgeable about the procedures and requirements requested by the IRS and IN revenue agencies to supply 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 stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, assuring the fullest degree of privacy for you and your loved ones. The requirement of needing an appraisal when dealing with government agencies to explain income when filing documents is often misunderstood by most people. Opinions of value used in documents provided to the revenue authorities absolutely should be backed by a comprehensive report as to how the appraiser came to his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are accurate and correct. The Nugent Company ensures an substantiated appraisal, which will provide an executor solid facts and figures that will meet IRS and revenue agency requirements. There's no need to be concerned when getting a report from The Nugent Company, because we will support it no matter what. An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. |