Appraisals for Estate Settlement by Prompt Appraisal
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly 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 made a name for ourselves in producing top-notch appraisals that lawyers and accountants have come to depend on. There are specific needs for everyone; we are sympathetic to these needs and are familiar to working with all parties involved. Among our staff, we are used to dealing with legal agencies in supplying appraisal reports that transcend their needs.
Contact us immediately to discuss your unique estate appraisal needs and how we can put our business acumen to work for you.
Settling an estate generally requires an appraisal to establish fair market value for the estate affected. We understand that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal report deviates from the date of your loss. Prompt Appraisal assures that we are familiar with the procedures and requirements requested 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 ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, ensuring the fullest degree of privacy for all parties involved.
The necessity of having an appraisal when dealing with the IRS to show income when filing documents is often overlooked by most people.
Opinions of value displayed in documents filed with the the IRS and MI state agencies definitely should be supported by a comprehensive report as to how the appraiser acquired his conclusions. A report of this caliber will definitely demonstrate your claim that the numbers displayed within the report are well-founded and accurate.
Prompt Appraisal ensures an well-founded report, which will give an executor solid facts and numbers that will exceed IRS and state agency requirements. There's no need to be concerned when getting a report from Prompt Appraisal, because we will stand by it no matter what.
Opinions of value shown in documents filed with the revenue authorities definitely should be supported by an exhaustive report as to how the appraiser arrived at his conclusions.