Metro Appraisals knows the special needs of estate executors
The job 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 with as much dignity as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone left behind.
We've made a name for ourselves in supplying excellent appraisals that attorneys and accountants have come to depend on. Generally, everyone involved will have different requirements of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. We supply appraisal reports that transcend the obligations of the legal system and other groups.
Contact us promptly to discuss your precise estate appraisal demands and how we can put our experience to work for you.
Settling an estate most often depends on an appraisal to acquire fair market value for the estate therein. We know that in this time of loss, acquiring an appraisal report is the furthest thought from your mind. Due to this, there is a chance that the time of death differs from the time the appraisal is requested. Metro Appraisals assures that we are familiar with the procedures and requirements requested by the IRS and ID revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, guaranteeing the strongest degree of discretion for you and your loved ones.
People often forget that the IRS requires reports filed to explain the numbers involved in estate sales.
Opinions of value used in documents provided to the revenue authorities definitely should be backed by an exhaustive report as to how the appraiser arrived at his conclusions. A report of this caliber will definitely demonstrate your claim that the numbers expressed within the report are well-founded and accurate.
Having a professional report from Metro Appraisals gives the executor irrefutable facts and figures to work with in meeting IRS and ID state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever refuted.
One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion.