Estate Settlement Appraisals in MI by Community Appraisal
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 deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.
We've shown that we're experts in providing top-notch appraisals that attorneys and accountants have come to rely on. We cater to their needs and are familiar with helping with all parties involved. We compose appraisal reports that out-strip the requirements of the legal system and different agencies.
Contact us as soon as possible to discuss your exact estate appraisal demands and how we can put our knowledge to work for you.
Settling an estate most often requires an appraisal to ascertain fair market value for the estate in question. We sympathize that in times like this, ordering an appraisal report is the furthest thought from your mind. Due to this, now and then the time of death differs from the date the appraisal is requested. Our staff is accustomed to the procedures and requirements obligatory to supply 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) attunes our appraisers to confidentiality, ensuring the fullest degree of discretion for you and your family.
Most people don't realize that the IRS needs documents filed to support the numbers involved in estate sales.
One of the most important requirements in a report is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. This sort of report will clearly substantiate your claim that the numbers displayed within the report are well-founded and accurate.
Having a professional appraisal from Community Appraisal gives the executor undeniable facts and figures to work with in exceeding IRS and MI state agency requirements. You need not worry over anything, because we will be there to stand by our work if they are ever challenged.
Opinions of value shown in documents provided to the the IRS and MI state agencies definitely should be supported by a detailed report as to how the appraiser came to his conclusions.