Estate Settlement Appraisals in MI by Prospect AppraisalSettling 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 swiftly 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. Lawyers and accountants count on our understanding when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. We realize their needs and are acclimated to working with all parties involved. We provide appraisal reports that exceed the obligations of the courts and different agencies. Contact us today to discuss your individual estate appraisal essentials and how we can put our knowledge to work for you. Settling an estate most often requires an appraisal to determine fair market value for the property involved. We empathize that when you lose a loved one, ordering an appraisal report is the furthest thought from your mind. So, it's possible the date an appraisal is needed will differ the date of death. Our company is familiar with the procedures and requirements needed to perform 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) keeps us to confidentiality, assuring the fullest degree of privacy for you. People often forget that the IRS needs information filed to express the numbers involved in estate sales. Opinions of value shown in documents provided to the the IRS and MI state agencies absolutely should be backed by a detailed report as to how the appraiser came to his conclusions. This sort of report will certainly substantiate your claim that the numbers displayed within the report are well-founded and accurate. Having a professional appraisal from Prospect Appraisal gives the executor irrefutable facts and figures to work with in exceeding IRS and MI state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever challenged. An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. |