![]() Lumina Appraisal Co knows the special needs of estate executorsEstate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved. Attorneys and accountants count on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. We understand their needs and are accustomed to dealing with all parties involved. Among our staff, we are accustomed to interacting with law offices in writing reports that out-strip their requirements. Contact us as soon as possible to discuss your personal estate appraisal demands and how we can put our knowledge to work for you. Settling an estate generally demands an appraisal to acquire fair market value for the property therein. We understand that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. Of course, you need to be there for your family first. Our staff is comfortable with the systems and requirements necessary to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, assuring the highest degree of discretion for all parties involved. The importance of ordering an appraisal report when dealing with the IRS to prove income when filing documents is often not considered by most people. One of the most significant requirements in a report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and substantiated. Having a professional appraisal from Lumina Appraisal Co gives the executor irrefutable facts and figures to work with in meeting IRS and NC state agency requirements. You need not worry over anything, because Lumina Appraisal Co will be there to support our work if they are ever refuted. Opinions of value displayed in documents filed with the the IRS and NC state agencies definitely should be supported by a comprehensive report as to how the appraiser came to his conclusions. |