
An appraisal is a legal document as important as a will, and is the only way to accurately describe and value your property. A properly prepared appraisal by a certified, accredited appraiser will include a value conclusion that will clarify questions of property value under any circumstances.
Precise, Accurate. An accredited, certified appraiser will prepare a cohesive, readable appraisal document that accomplishes its intended use with precision and technical accuracy. It will be prepared in accordance with the Appraisal Foundation's Uniform Standards of Professional Appraisal Practice (USPAP).
There are many different needs and uses for an appraisal:
- Insurance: To prove irrefutable possession at the date of valuation, provide needed protection in the event of a loss, and to assist in establishing proper insurance coverage.
- Estates Valuation & Estate Planning: To clarify questions of property value, facilitate the disposition of estate tax reporting requirements, assist heirs with distribution and/or de-accessioning property; to assist financial planners and related professionals in establishing a clients net worth, and as a basis for judicious estate planning.
- Property Division: To assist attorneys and their clients in matters of equitable distribution. Corporate uses in this category include mergers/acquisitions, and loan collateral.
- Related Insurance Matters: To assist adjusters by properly identifying and valuing property in damage/loss matters to facilitate claim settlements and avoid disputes. Insurance companies are assisted by proper identification and valuation of property in investigative matters that may save the company substantial money in claims settlements.
- Donations: To assist the donor in obtaining accurate, documented valuations which meet Federal requirements and will be accepted by the Internal Revenue Service.
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