Property Valuations for Estate Settlement by Tom CressottiSettling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and exactly as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved. Lawyers and accountants depend on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. Usually, everyone involved will have different ideas of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. We provide appraisal reports that out-strip the requirements of the courts and other agencies. Contact us as soon as possible to discuss your unique estate appraisal essentials and how we can put our experience to work for you. Usually, settling an estate necessitates an clear appraisal report to establish fair market value for the home to the satisfaction of the parties involved. We empathize that in this time of loss, ordering an appraisal report is the furthest thought from your mind. So, there's a chance the time an appraisal is needed will not match the date of death. Our staff is familiar with the practices and requirements necessary to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, guaranteeing the fullest degree of discretion for all parties involved. All too often, people do not fully comprehend the demand to have a comprehensive appraisal report prepared in support of the numbers shown in general documents filed with the IRS and MA state agencies. Opinions of value displayed in documents provided to the the IRS and MA state agencies absolutely should be supported by an exhaustive report as to how the appraiser acquired his conclusions. In having a report backed by Tom Cressotti's expert staff, you will have the peace of mind that the numbers shown in the appraisal report will definitely demonstrate to the IRS that the numbers used are well founded and substantiated. Having a professional appraisal report from Tom Cressotti gives the executor undeniable facts and figures to work with in going beyond IRS and MA state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever refuted. Opinions of value shown in documents filed with the the IRS and MA state agencies definitely should be supported by an exhaustive report as to how the appraiser came to his conclusions. |