Property Valuations for Estate Settlement by PSM Appraisals, LLC

Estate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement.

Part of PSM Appraisals, LLC's focus is to provide top-notch, ethical appraisals that lawyers can rely on. Generally, everyone involved will have differing expectations of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. Because of our familiarity in working with the courts and other agencies, we provide reports that definitely exceed all expectations.

Contact us today to discuss your exact estate appraisal essentials and how we can put our business acumen to work for you.

Settling an estate commonly requires an appraisal to ascertain fair market value for the estate affected. We sympathize that in times like this, even thinking about an appraisal is the furthest thought from your mind. Due to this, often the time of death differs from the time the appraisal is ordered. PSM Appraisals, LLC assures that our staff are knowledgeable about the procedures and requirements requested by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, providing the highest degree of privacy for you and your family.

Many people do not understand that the IRS requires reports filed to show the numbers involved in estate sales.

An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the NY agencies that the numbers used are accurate and substantiated.

An executor will be satisfied by an appraisal by PSM Appraisals, LLC which will provide him undeniable facts and numbers to deal with revenue agencies' requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever challenged.

Opinions of value shown in documents provided to the revenue authorities definitely should be supported by a comprehensive report as to how the appraiser arrived at his conclusions.