Estate Appraisals

Settling an estate is an important and sometimes stressful job. As an executor or trustee, you have been entrusted to carry out the wishes of the deceased as swiftly and exactly as possible. You can count on us to act quickly and with sensitivity to the feelings of everyone involved.

Attorneys and accountants rely on us when settling estates requiring a valuation provided by a certified appraiser. We understand their needs and are used to working with all parties involved. We provide appraisal reports that meet the requirements of the courts and various state and federal agencies.

Settling an estate usually requires an appraisal to establish fair market value for the residential property involved. Often the date of death differs from the date the appraisal is requested. We are familiar with the procedures and requirements necessary to perform a retrospective appraisal with a market value as of the date of death. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.

All too often, people do not fully appreciate the need to have a detailed real estate appraisal prepared supporting property values being used in documents filed with revenue authorities.

Opinions of value used in documents filed with the revenue authorities should be supported by a detailed report as to how the appraiser arrived at those conclusions. Such a report demonstrates to the authorities that the property values provided are well-founded and substantiated.

Obtaining a professional appraisal gives the executor or trustee solid facts and figures to work with in meeting IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is challenged.