Appraisals for Estate Settlement by MI Action Appraisal
Settling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the departed as quickly and with as much dignity as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone left behind.
We've shown that we're experts in producing top-notch appraisals that lawyers and accountants have come to depend on. There are specific needs for everyone; we realize these requirements and are used to to working with all parties involved. We offer appraisal reports that meet the needs of the legal system and other groups.
Contact us as soon as possible to discuss your specialized estate appraisal specifications and how we can put our knowledge to work for you.
Commonly, settling an estate requires an extensive appraisal report to determine 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, now and then the time of death differs from the date the appraisal is needed. MI Action Appraisal assures that we are comfortable with the procedures and requirements needed by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, assuring the highest degree of discretion for you and your family.
Often, people do not fully realize the importance in having an intricate appraisal report supplied in support of the numbers displayed in tax documents filed with revenue authorities.
An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the authorities that the numbers used are accurate and correct.
MI Action Appraisal guarantees an detailed appraisal, which will provide an executor accurate facts and numbers that will meet IRS and state agency requirements. There's no need to be concerned when getting a report from us, because we will stand by it no matter what.
Opinions of value used in documents filed with the revenue authorities definitely should be backed by a comprehensive report as to how the appraiser came to his conclusions.