Estate Settlement Appraisals in New York by Appraisal AssociatesThe task of settling an estate, often a source of stress, is not to be taken lightly. As an executor, you have been given the power to carry out the wishes of the departed as promptly and respectfully as possible. You can count on us to respond expeditiously and with as much respect to the feelings of everyone left behind.
Lawyers and accountants count on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. We comprehend their needs and are used to dealing with all parties involved. In our company, we are used to dealing with the courts in creating appraisal reports that exceed their requirements.
Usually, settling an estate requires an extensive appraisal report to show market value for the property to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Because of this, now and then there can be times that the date of an appraisal differs from the time of death. Our staff is comfortable with the systems and requirements necessary to supply a retrospective appraisal with an effective date and market value estimate matching the exact date of death. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, guaranteeing the strongest degree of privacy for all parties involved.
The importance of owning an appraisal report when working with revenue services to show income when filing documents is often not considered by most people.
One of the most essential requirements in an appraisal report is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and correct.
An executor will be ecstatic by a report by Appraisal Associates which will provide him solid facts and figures to cooperate with revenue agencies' requirements. You need not be concerned over anything, because we will be there to back up our work if they are ever refuted.