Appraisals for Estate Settlement by Premier Appraisals, Inc.
The responsibility 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 swiftly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.
Attorneys and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. There are required needs for everyone; we cater to these necessities and are acclimated to working with all parties involved. Among our staff, we are used to interacting with legal agencies in assembling appraisal reports that transcend their requirements.
Contact us immediately to discuss your precise estate appraisal essentials and how we can put our experience to work for you.
Commonly, settling an estate necessitates an accurate appraisal report to establish fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Of course, you need to comfort your loved ones first. Premier Appraisals, Inc. assures that we are accustomed to the procedures and requirements requested by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, providing the strongest degree of privacy for you and your family.
Most of the time people do not fully fathom the importance in having an intricate appraisal supplied in support of the numbers displayed in tax documents filed with the IRS and NY state agencies.
One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the NY agencies that the numbers used are accurate and correct.
An executor will be over-joyed by an appraisal report by Premier Appraisals, Inc. which will provide him solid facts and figures to work with the IRS and NY state agencies' requirements. You need not stress over anything, because Premier Appraisals, Inc. will be there to support our work if they are ever challenged.
A comprehensive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions.