V2 Valuations LLC knows the special needs of estate executors

The responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as quickly and with as much dignity as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.

Attorneys and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. We realize their needs and are accustomed to dealing with all parties involved. In our company, we are accustomed to working with legal agencies in producing reports that meet their necessities.

Settling an estate most often demands an appraisal to show fair market value for the house in question. We understand that in times like this, acquiring an appraisal report is the furthest thought from your mind. Due to this, sometimes the date of death differs from the date the appraisal is required. Our professional staff is familiar with the practices and requirements needed 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 ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, ensuring the fullest degree of privacy for you and your family.

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

An exhaustive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the NJ agencies that the numbers used are accurate and substantiated.

V2 Valuations LLC guarantees an well-founded appraisal, which will give an executor solid facts and numbers that will meet IRS and revenue agency requirements. There's no need to worry when getting a report from us, because we will back it no matter what.

Opinions of value shown in documents provided to the the IRS and NJ state agencies definitely should be supported by a detailed report as to how the appraiser acquired his conclusions.