Connors Appraisals, Inc. understands the special needs of estate executors
Settling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.
Attorneys and accountants rely on our ethics when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. There are required needs for everyone; we understand these necessities and are comfortable to dealing with all parties involved. Because of our experience in dealing with attorneys and accountants and various agencies, we compose appraisal reports that definitely exceed all expectations.
Contact us today to discuss your precise estate appraisal requirements and how we can put our experience to work for you.
Commonly, settling an estate necessitates an detailed appraisal report to determine fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. So, we understand that the date an appraisal is needed will deviate the date of death. Our professional staff is knowledgeable about the practices and requirements necessary to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, guaranteeing the highest degree of discretion for you and your loved ones.
The requirement of ordering a real estate appraisal when dealing with the IRS to show income when filing documents is often unknown by most people.
Opinions of value used in documents filed with the the IRS and MD state agencies definitely should be backed by a detailed report as to how the appraiser acquired his conclusions. This sort of report will certainly demonstrate the evidence that the numbers displayed within the report are well-founded and accurate.
Connors Appraisals, Inc. ensures an detailed appraisal, which will provide an executor definite facts and numbers that will meet IRS and revenue agency requirements. You need not be concerned over anything, because Connors Appraisals, Inc. will be there to stand by our reports if they are ever refuted.
One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion.