Chambers Appraisal understands the special needs of estate executors

The responsibility 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 promptly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.

We've made a name for ourselves in producing excellent appraisals that lawyers and accountants have come to depend on. We realize their needs and are acclimated to helping with all parties involved. Among our staff, we are used to interacting with law offices in supplying appraisal reports that surpass their demands.

Contact us today to discuss your personal estate appraisal requirements and how we can put our experience to work for you.

Usually, settling an estate necessitates an clear appraisal report to acquire fair market value for the property to the satisfaction of the parties involved. We sympathize that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. Because of this, now and then there can be times that the date of an appraisal deviates from the date of your loss. Chambers Appraisal assures that our staff are comfortable with the procedures and requirements needed by the IRS and SD revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, ensuring the strongest degree of privacy for all parties involved.

Many people do not understand that the IRS requires documents filed to explain the numbers involved in estate sales.

Opinions of value used in documents provided to the revenue authorities definitely should be supported by an exhaustive report as to how the appraiser came to his conclusions. Such a report will clearly demonstrate to the SD agencies that the numbers used are well-founded and correct.

Having a professional report from Chambers Appraisal gives the executor undeniable facts and figures to work with in meeting IRS and SD state agency requirements. You need not stress over anything, because Chambers Appraisal will be there to back up our reports if they are ever refuted.

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