Estate Settlement Appraisals in MN by S. Peters and Associates, Inc
Settling 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 quickly and respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved.
Part of S. Peters and Associates, Inc's drive is to supply top-notch, ethical appraisals that attorneys can depend on. There are specific needs for everyone; we understand these requirements and are used to to working with all parties involved. In relation to our familiarity in working with attorneys and accountants and different agencies, we furnish appraisals that definitely meet all expectations.
Contact us immediately to discuss your unique estate appraisal essentials and how we can put our knowledge to work for you.
Settling an estate generally requires an appraisal to establish fair market value for the residential property in question. We empathize that when you lose a loved one, acquiring an appraisal report is the furthest thought from your mind. So, there's a chance the date an appraisal report is needed will differ the date of death. Our professional staff is knowledgeable about the procedures and requirements necessary to produce 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 requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, providing the strongest degree of discretion for all parties involved.
Most people don't realize that the IRS needs information filed to show the numbers involved in estate sales.
One of the most necessary requirements in an appraisal is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. In having a report backed by S. Peters and Associates, Inc's professional staff, you will have the knowledge that the numbers shown in the appraisal will certainly demonstrate to the MN agencies that the numbers used are well founded and correct.
S. Peters and Associates, Inc will provide an well-founded report, which will give an executor accurate facts and figures that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever refuted.
An exhaustive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions.