Appraisal Source LLC knows the special needs of estate executorsThe responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement. We've made it our company's goal in producing top-notch appraisals that attorneys and accountants have come to depend on. There are required needs for everyone; we understand these requirements and are familiar to dealing with all parties involved. We write appraisal reports that exceed the necessities of the courts and different groups. Contact us immediately to discuss your unique estate appraisal specifications and how we can put our experience to work for you. Settling an estate usually demands an appraisal to establish fair market value for the residential property affected. We understand that when you lose a loved one, even thinking about an appraisal report is the furthest thought from your mind. Because of this, now and then there will be times that the date of an appraisal differs from the time of death. Our company is comfortable with the practices and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, guaranteeing the strongest degree of discretion for all parties involved. Most people don't realize that the IRS requires reports filed to express 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 certainly demonstrate to the IRS that the numbers used are well-founded and substantiated. An executor will be satisfied by a report by Appraisal Source LLC which will give him irrefutable facts and numbers to cooperate with the IRS and MI state agencies' requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever challenged. Opinions of value shown in documents filed with the revenue authorities absolutely should be supported by a comprehensive report as to how the appraiser acquired his conclusions. |