Property Valuations for Estate Settlement by Thousand Islands AppraisalsThe responsibility of settling an estate, often a source of stress, is not to be taken lightly. As an executor, you have been given the power to carry out the wishes of the deceased as quickly and with as much dignity as possible. You can count on us to respond quickly and with as much compassion to the feelings of everyone left behind.Part of Thousand Islands Appraisals's focus is to supply top-notch, ethical appraisals that lawyers can rely on. There are specific needs for everyone; we cater to these needs and are familiar with working with all parties involved. Due to our familiarity in working with the courts and different agencies, we compose appraisals that always outdo all expectations.
Commonly, settling an estate requires a clear appraisal report to determine market value for the house to the satisfaction of the parties involved. We understand that when you lose a loved one, acquiring an appraisal report is the furthest thought from your mind. Due to this, there is a chance that the time of death differs from the date the appraisal is required. Thousand Islands Appraisals assures that our appraisers are familiar with the procedures and requirements requested by the federal and New York revenue agencies to supply a retrospective appraisal with an effective date and market value estimate matching the exact date you suffered the loss of your loved one. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, guaranteeing the highest 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 used in documents provided to the IRS and New York agencies absolutely should be supported by a comprehensive report as to how the appraiser acquired his conclusions. This level of documentation will definitely substantiate the evidence that the values within the report are well-founded and accurate. Thousand Islands Appraisals ensures a well-founded appraisal, which will give an executor accurate facts and figures that will exceed IRS and revenue agency requirements. You need not worry over anything, because Thousand Islands Appraisals will be there to stand by our work if they are ever challenged. |