![]() Estate Settlement Appraisals in MI by Appraisal House LLCEstate settlement is often stressful, but a very important job. 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 empathy to the feelings of everyone in bereavement. Attorneys and accountants rely on our conduct when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. There are required needs for everyone; we are sympathetic to these needs and are used to to working with all parties involved. In our company, we are used to interacting with legal agencies in composing appraisals that out-strip their needs. Contact us immediately to discuss your exact estate appraisal requirements and how we can put our experience to work for you. Settling an estate generally demands an appraisal to ascertain fair market value for the house therein. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, often there will be times that the effective date of an appraisal differs from the date of your loss. Appraisal House LLC assures that our staff are accustomed to the procedures and requirements requested by the IRS and MI revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, providing the highest degree of discretion for you. The importance of owning an appraisal report when dealing with revenue services to prove income when filing documents is often unknown by most people. An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and substantiated. Having a professional report from Appraisal House LLC gives the executor undeniable facts and figures to work with in exceeding IRS and MI state agency requirements. You need not be concerned over anything, because Appraisal House LLC will be there to stand by our appraisals if they are ever challenged. Opinions of value displayed in documents provided to the revenue authorities absolutely should be backed by a detailed report as to how the appraiser acquired his conclusions. |