Appraisal and Consulting Services understands the special needs of estate executorsSettling an estate is an important and sometimes stressful job. As a trustee, you've been given the power to carry out the wishes of the departed as quickly and respectfully as possible. You can count on Appraisal and Consulting Services to respond quickly and with as much compassion to the feelings of everyone involved.
Attorneys and accountants count on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a value being determined for real property. We are sympathetic to their needs and are acclimated to dealing with all parties involved. Due to our experience in dealing with the legal system and various agencies, we assemble reports that always exceed all expectations.
Generally, settling an estate necessitates an extensive appraisal report to ascertain market value for the home to the satisfaction of the parties involved. We understand that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. Because of this, now and then there are times that the date of an appraisal report differs from the time of death. Our staff is knowledgeable about the systems and requirements obligatory to produce a retrospective appraisal with an effective date and market value estimate matching the date you suffered the loss of your loved one. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, certifying the fullest degree of discretion for you and your loved ones.
Most of the time, people do not fully understand the requirement to have a comprehensive real estate appraisal produced in support of the figures used in tax documents filed with the IRS.
One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the authorities that the numbers used are well-founded and substantiated.
Having a professional appraisal from Appraisal and Consulting Services gives the executor undeniable facts and figures to work with in exceeding IRS and New York state agency requirements. There's no need to worry when getting a report from Appraisal and Consulting Services, because we will back it no matter what.