Property Valuations for Estate Settlement
Property Valuations for Estate Settlement by New York Appraisers
Settling an estate is often stressful, but a very important job. As a trustee, you’ve been given the authority to carry out the wishes of the departed as swiftly and with as much dignity as possible. You can count on New York Appraisers to act expeditiously and with as much understanding to the feelings of everyone involved. We’ve made a name for ourselves in providing excellent appraisals that lawyers and accountants have come to depend on. Sometimes, everyone involved will have their own suggestions of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. Due to our familiarity in working with the courts and different agencies, we furnish reports that definitely transcend all expectations.
Contact us promptly to discuss your specific estate appraisal essentials and how we can put our business acumen to work for you.
Usually, settling an estate requires an extensive appraisal report to establish market value for the house to the satisfaction of the parties involved. It’s understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, now and then there can be times that the date of an appraisal report differs from the date of your loss. Our company is knowledgeable about the practices and requirements obligatory to perform a retrospective appraisal with an effective date and market value estimate matching the exact date of death. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, assuring the fullest degree of discretion for you and your loved ones.
Many times, people do not fully realize the importance in having a full appraisal prepared in support of the numbers shown in general documents filed with revenue authorities.
One of the most necessary requirements in a report is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion. A report of this caliber will certainly show the evidence that the values within the report are well-founded and accurate.
New York Appraisers guarantees a well-founded appraisal report, which will provide an executor clear facts and figures that will meet IRS and state agency requirements. You need not be concerned over anything, because we will be there to back up our appraisals if they are ever challenged.