Property Valuations for Estate Settlement by West Michigan Appraisal
Settling an estate is an important and sometimes stressful 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 compassion to the feelings of everyone in bereavement.
We've made a name for ourselves in supplying excellent appraisals that lawyers and accountants have come to rely on. There are required needs for everyone; we realize these needs and are acclimated to dealing with all parties involved. Among our staff, we are accustomed to dealing with the courts in providing appraisal reports that transcend their demands.
Contact us immediately to discuss your personal estate appraisal needs and how we can put our knowledge to work for you.
Settling an estate most often demands an appraisal to establish fair market value for the house in question. We understand that in times like this, even thinking about an appraisal is the furthest thought from your mind. So, there's a chance the time an appraisal report is needed will deviate the date of death. Our company is knowledgeable about the procedures and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, providing the fullest degree of discretion for you.
Most people don't realize that the IRS needs information filed to explain the numbers involved in estate sales.
Opinions of value displayed in documents provided to the the IRS and MI state agencies definitely should be supported by an accurate report as to how the appraiser came to his conclusions. A report of this caliber will certainly substantiate the evidence that the numbers displayed within the report are well-founded and accurate.
West Michigan Appraisal guarantees an accurate report, which will provide an executor clear facts and numbers that will exceed IRS and revenue agency requirements. You need not be concerned over anything, because West Michigan Appraisal will be there to back up our work if they are ever challenged.
A comprehensive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions.