Property Valuations for Estate Settlement by P.M. Appraisals, Inc.
Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.
We've shown that we're experts in supplying excellent appraisals that attorneys and accountants have come to rely on. There are specific needs for everyone; we comprehend these necessities and are used to to working with all parties involved. In our company, we are accustomed to interacting with legal agencies in creating appraisals that transcend their needs.
Contact us promptly to discuss your individual estate appraisal specifications and how we can put our knowledge to work for you.
Commonly, settling an estate necessitates an detailed appraisal report to show fair market value for the home to the satisfaction of the parties involved. We understand that in this time of loss, ordering an appraisal is the furthest thought from your mind. Of course, you need to comfort your loved ones first. P.M. Appraisals, Inc. assures that we are knowledgeable about the procedures and requirements needed by the IRS and NY revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, ensuring the strongest degree of privacy for you and your loved ones.
People often forget that the IRS needs documents filed to express the numbers involved in estate sales.
Opinions of value used in documents filed with the the IRS and NY state agencies definitely should be backed by a comprehensive report as to how the appraiser acquired his conclusions. Such a report will clearly demonstrate to the NY agencies that the numbers used are well-founded and substantiated.
An executor will be ecstatic by an appraisal report by P.M. Appraisals, Inc. which will provide him irrefutable facts and figures to deal with revenue agencies' requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever challenged.
An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions.