Estate Settlement Appraisals in MI by Cara SmithSettling 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 sympathy to the feelings of everyone left behind. Lawyers and accountants rely on our conduct when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. We comprehend their needs and are familiar with working with all parties involved. Among our staff, we are accustomed to dealing with the courts in creating appraisal reports that meet their demands. Contact us as soon as possible to discuss your unique estate appraisal essentials and how we can put our experience to work for you. Settling an estate generally demands an appraisal to determine fair market value for the estate therein. We sympathize that in this time of loss, acquiring an appraisal is the furthest thought from your mind. Due to this, now and then the time of death differs from the date the appraisal is ordered. We are familiar with the procedures and requirements necessary to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, certifying the highest degree of discretion for all parties involved. Many people do not understand that the IRS requires information filed to explain the numbers involved in estate sales. Opinions of value shown in documents filed with the the IRS and MI state agencies definitely should be supported by a comprehensive report as to how the appraiser acquired his conclusions. In having a report supported by Cara Smith's expert staff, you will have the understanding that the numbers shown in the appraisal will clearly demonstrate to the IRS that the numbers used are accurate and substantiated. Cara Smith will provide an substantiated report, which will give an executor accurate facts and figures that will exceed IRS and revenue agency requirements. You need not worry over anything, because we will be there to stand by our work if they are ever challenged. One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. |