Community Appraisal understands the special needs of estate executors
The job of settling an estate, while stressful is very important. 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 compassion to the feelings of everyone left behind.
We've made it our company's goal in supplying the best appraisals that lawyers and accountants have come to rely on. We understand their needs and are acclimated to working with all parties involved. We create appraisal reports that surpass the requirements of the legal system and various agencies.
Contact us today to discuss your exact estate appraisal demands and how we can put our experience to work for you.
Commonly, settling an estate requires an detailed appraisal report to establish fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Of course, you need to take care of your loved ones first. Our staff is knowledgeable about the procedures and requirements necessary to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, guaranteeing the highest degree of privacy for all parties involved.
The requirement of having an appraisal when dealing with government agencies to show income when filing documents is often misunderstood by most people.
An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are well-founded and correct.
An executor will be ecstatic by an appraisal by Community Appraisal which will provide him undeniable facts and numbers to deal with the IRS and MI state agencies' requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever refuted.
Opinions of value shown in documents filed with the revenue authorities absolutely should be backed by a comprehensive report as to how the appraiser came to his conclusions.