P.M. Appraisals, Inc. knows the special needs of estate executors
The task 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 quickly and exactly as possible. You can count on us to act quickly and with as much respect to the feelings of everyone left behind.
Attorneys and accountants count on our conduct when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. There are specific needs for everyone; we are sympathetic to these needs and are comfortable to dealing with all parties involved. Among our staff, we are used to interacting with legal agencies in writing reports that surpass their demands.
Contact us as soon as possible to discuss your unique estate appraisal demands and how we can put our knowledge to work for you.
Generally, settling an estate requires an extensive appraisal report to show fair market value for the property to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Due to this, sometimes the time of death differs from the time the appraisal is ordered. Our professional staff is comfortable with the procedures and requirements necessary to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, guaranteeing the fullest degree of privacy for you and your loved ones.
People often forget that the IRS needs information filed to show the numbers involved in estate sales.
Opinions of value displayed in documents provided to the revenue authorities definitely should be supported by a detailed report as to how the appraiser arrived at his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and correct.
An executor will be ecstatic by an appraisal report by P.M. Appraisals, Inc. which will show him undeniable facts and figures to cooperate with the IRS and NY state agencies' requirements. There's no need to have anything but peace of mind when getting a report from us, because we will stand by it no matter what.
One of the most necessary requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.