Property Valuations for Estate Settlement by Metro Appraisals
Estate settlement is an important and sometimes stressful job. 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 sympathy to the feelings of everyone left behind.
We've made it our company's goal in producing top-notch appraisals that lawyers and accountants have come to rely on. We realize their needs and are acclimated to dealing with all parties involved. In our company, we are used to dealing with legal agencies in providing appraisals that exceed their requirements.
Contact us promptly to discuss your specialized estate appraisal needs and how we can put our business acumen to work for you.
Settling an estate commonly requires an appraisal to determine fair market value for the property therein. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, there's a chance the date an appraisal is ordered will differ the date of death. Our company is comfortable with the procedures and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, providing the highest degree of privacy for all parties involved.
All too often, people do not fully fathom the necessity in having a detailed appraisal supplied in support of the numbers shown in tax documents filed with the IRS and ID state agencies.
Opinions of value shown in documents filed with the revenue authorities absolutely should be supported by a detailed report as to how the appraiser came to his conclusions. Such a report will clearly demonstrate to the ID agencies that the numbers used are accurate and substantiated.
Having a professional report from Metro Appraisals gives the executor irrefutable facts and figures to work with in exceeding IRS and ID state agency requirements. There's no need to be concerned when getting a report from us, because we will support it no matter what.
One of the most important requirements in an appraisal report is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion.