Equity Appraisals, LLC understands the special needs of estate executorsThe task 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 involved. Attorneys and accountants rely on our ideals when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. Often, the parties involved will have differing ideas of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. In relation to our experience in dealing with the courts and other agencies, we write appraisals that definitely outdo all expectations. Contact us promptly to discuss your specific estate appraisal specifications and how we can put our business acumen to work for you. Usually, settling an estate requires an irrefutable appraisal report to acquire fair market value for the house to the satisfaction of the parties involved. We sympathize that in this time of loss, ordering an appraisal report is the furthest thought from your mind. So, it's possible the time an appraisal is ordered will be different from the date of death. Equity Appraisals, LLC assures that our staff are comfortable with the procedures and requirements needed by revenue services to provide 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 listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, certifying the strongest degree of privacy for you and your family. The necessity of ordering an appraisal when cooperating with the IRS to explain income when filing documents is often overlooked by most people. One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the IRS that the numbers used are well-founded and substantiated. Having a professional appraisal report from Equity Appraisals, LLC gives the executor solid facts and figures to work with in going beyond IRS and NY state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever challenged. Opinions of value used in documents filed with the revenue authorities definitely should be supported by an accurate report as to how the appraiser arrived at his conclusions. |