Settling an estate is an important and sometimes stressful job. As an executor 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 our values when calculating real property values for estates, divorces, or
other disputes requiring a value being placed on real property. We understand their needs and are used to dealing
with all parties involved. We provide appraisal reports that meet the requirements of the courts and various 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 retroactive appraisal with an effective date and Fair Market Value estimate
matching 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 in support
of the numbers 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 his conclusions. Such a report will certainly demonstrate to the authorities that the
numbers used are well founded and substantiated.
Having a professional appraisal gives the executor 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.