![]() Property Valuations for Estate Settlement by MTY AppraisalSettling 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 sensitivity to the feelings of everyone left behind. Part of MTY Appraisal's mission statement is to produce top-notch, ethical appraisals that attorneys can depend on. Often, the parties involved will have their own suggestions of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. In our company, we are accustomed to interacting with law offices in composing appraisal reports that transcend their necessities. Contact us as soon as possible to discuss your unique estate appraisal needs and how we can put our experience to work for you. Settling an estate most often requires an appraisal to ascertain fair market value for the house involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal deviates from the date of your loss. MTY Appraisal assures that our appraisers are familiar with the procedures and requirements requested by the IRS and CA revenue agencies to supply 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 stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, providing the highest degree of discretion for all parties involved. All too often, people do not fully appreciate the necessity in having a comprehensive appraisal report prepared in support of the numbers being used in tax documents filed with revenue authorities. Opinions of value displayed in documents filed with the the IRS and CA state agencies definitely should be backed by an exhaustive report as to how the appraiser arrived at his conclusions. In having a report supported by MTY Appraisal's expert appraisers, you will have the peace of mind that the numbers displayed in the appraisal report will certainly demonstrate to the IRS that the numbers used are well founded and correct. MTY Appraisal guarantees an well-founded appraisal report, which will give an executor definite facts and figures that will meet IRS and revenue agency requirements. You need not stress over anything, because MTY Appraisal will be there to stand by our appraisals if they are ever challenged. An exhaustive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. |