![]() Estate Settlement Appraisals in NY by Prestige AppraisalsThe responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed 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 count on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Generally, all parties will have different ideas of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. In our company, we are accustomed to dealing with law offices in producing reports that out-strip their necessities. Contact us promptly to discuss your individual estate appraisal requirements and how we can put our business acumen to work for you. Commonly, settling an estate necessitates an irrefutable appraisal report to show fair market value for the property to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Due to this, now and then the date of death differs from the date the appraisal is needed. Our staff is knowledgeable about the practices and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, ensuring the highest degree of privacy for you and your family. The necessity of ordering an appraisal report when cooperating with the IRS to explain income when filing documents is often misunderstood by most people. Opinions of value used in documents filed with the the IRS and NY state agencies definitely should be supported by an exhaustive report as to how the appraiser acquired his conclusions. In having a report backed by Prestige Appraisals's expert appraisers, you will have the understanding that the numbers provided in the report will certainly demonstrate to the NY agencies that the numbers used are well founded and correct. An executor will be satisfied by an appraisal report by Prestige Appraisals which will show him irrefutable facts and figures to cooperate with any legal agency's requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever challenged. Opinions of value used in documents filed with the the IRS and NY state agencies definitely should be supported by an accurate report as to how the appraiser acquired his conclusions. |