Community Appraisal understands the special needs of estate executors
The task of settling an estate, while stressful is very important. 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 understanding to the feelings of everyone left behind.
We've shown that we're experts in supplying excellent appraisals that attorneys and accountants have come to rely on. We understand their needs and are acclimated to working with all parties involved. Among our staff, we are used to interacting with law offices in composing appraisal reports that surpass their requirements.
Contact us as soon as possible to discuss your explicit estate appraisal demands and how we can put our knowledge to work for you.
Settling an estate usually requires an appraisal to ascertain fair market value for the house in question. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Because of this, now and then there can be times that the effective date of an appraisal differs from the date of your loss. Community Appraisal assures that we are familiar with the procedures and requirements needed by the IRS and MI revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, guaranteeing the strongest degree of privacy for you and your loved ones.
The requirement of needing an appraisal report when working with the IRS to show income when filing documents is often unknown by most people.
One of the most essential 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 the evidence that the numbers expressed within the report are well-founded and accurate.
Community Appraisal ensures an well-founded appraisal, which will give an executor solid facts and figures that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever refuted.
A comprehensive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions.