Property Valuations for Estate Settlement by Maxvalue Appraisal Inc
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement.
Lawyers and accountants rely on our conduct when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. We comprehend their needs and are used to helping with all parties involved. In our company, we are accustomed to working with legal agencies in supplying reports that out-strip their demands.
Contact us as soon as possible to discuss your individual estate appraisal demands and how we can put our business acumen to work for you.
Settling an estate commonly requires an appraisal to suggest fair market value for the estate in question. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Due to this, it is possible that the date of death differs from the date the appraisal is needed. Maxvalue Appraisal Inc assures that we are comfortable with the procedures and requirements needed by the IRS and NY revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, providing the strongest degree of privacy for you.
Many times, people do not fully realize the requirement to have a full appraisal report supplied in support of the numbers being used in tax documents filed with the IRS.
One of the most necessary requirements in a report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. This sort of report will definitely show your claim that the numbers expressed within the report are well-founded and accurate.
An executor will be satisfied by an appraisal report by Maxvalue Appraisal Inc which will give him undeniable facts and figures to work with revenue agencies' requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever challenged.
Opinions of value displayed in documents provided to the revenue authorities definitely should be supported by an accurate report as to how the appraiser came to his conclusions.