Appraisals for Estate Settlement by Michael Shank
The task of settling an estate, while stressful is very important. 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 compassion to the feelings of everyone in bereavement.
Attorneys and accountants depend on our understanding when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. There are specific needs for everyone; we understand these necessities and are familiar to working with all parties involved. In relation to our familiarity in dealing with attorneys and accountants and different agencies, we construct appraisal reports that definitely transcend all expectations.
Contact us as soon as possible to discuss your individual estate appraisal essentials and how we can put our knowledge to work for you.
Usually, settling an estate requires an irrefutable appraisal report to acquire fair market value for the home to the satisfaction of the parties involved. We sympathize that in times like this, acquiring an appraisal is the furthest thought from your mind. Because of this, often there can be times that the date of an appraisal differs from the date of your loss. Our staff is familiar with the procedures and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, ensuring the fullest degree of discretion for all parties involved.
The requirement of needing an appraisal report when dealing with government agencies to explain income when filing documents is often not considered by most people.
Opinions of value displayed in documents filed with the the IRS and WA state agencies absolutely should be supported by a comprehensive report as to how the appraiser acquired his conclusions. In having a report backed by Michael Shank's professional staff, you will have the knowledge that the numbers displayed in the appraisal report will clearly demonstrate to the WA agencies that the numbers used are accurate and correct.
An executor will be over-joyed by an appraisal by Michael Shank which will provide him undeniable facts and figures to deal with any legal agency's requirements. There's no need to be concerned when getting a report from Michael Shank, because we will stand by it no matter what.
Opinions of value used in documents provided to the the IRS and WA state agencies absolutely should be backed by a detailed report as to how the appraiser came to his conclusions.