Appraisals for Estate Settlement by Martin Appraisal Services
Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and with as much dignity as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.
Lawyers and accountants count on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. We cater to their needs and are used to dealing with all parties involved. Because of our familiarity in working with the legal system and different agencies, we produce appraisal reports that definitely transcend all expectations.
Contact us promptly to discuss your explicit estate appraisal needs and how we can put our business acumen to work for you.
Generally, settling an estate requires an clear appraisal report to acquire fair market value for the home to the satisfaction of the parties involved. We sympathize that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. Of course, it's expected that you need to be there for your family first. Martin Appraisal Services assures that we are familiar with the procedures and requirements needed by the IRS and WI revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, assuring the strongest degree of discretion for you.
All too often, people do not fully acknowledge the requirement to have a complete appraisal prepared in support of the numbers displayed in general documents filed with the IRS.
Opinions of value displayed in documents filed with the the IRS and WI state agencies definitely should be backed by a detailed report as to how the appraiser came to his conclusions. This sort of report will clearly substantiate your claim that the numbers provided within the report are well-founded and accurate.
Martin Appraisal Services guarantees an detailed appraisal report, which will provide an executor accurate facts and numbers that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever challenged.
One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion.