Estate Settlement Appraisals in MD by Astute Appraisals, Inc.
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone left behind.
Attorneys and accountants depend on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. We comprehend their needs and are used to helping with all parties involved. We provide appraisal reports that surpass the requirements of the legal system and various groups.
Contact us promptly to discuss your individual estate appraisal needs and how we can put our business acumen to work for you.
Generally, settling an estate requires an accurate appraisal report to determine fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, it's possible the time an appraisal is requested will differ the date of death. Our staff is familiar with the practices and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, ensuring the highest degree of discretion for all parties involved.
Many times, people do not fully fathom the demand to have an exhaustive appraisal report prepared in support of the numbers being used in general documents filed with the IRS.
An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the IRS that the numbers used are accurate and correct.
Astute Appraisals, Inc. guarantees an well-founded report, which will provide an executor solid facts and numbers that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever challenged.
Opinions of value shown in documents filed with the the IRS and MD state agencies definitely should be supported by an accurate report as to how the appraiser came to his conclusions.