Estate Settlement Appraisals in IN by Monroe Owen Appraisal, Inc.
The task of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.
Attorneys and accountants rely on our ethics when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. Generally, all parties will have different suggestions of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. We provide appraisal reports that exceed the requirements of the courts and other groups.
Contact us immediately to discuss your unique estate appraisal demands and how we can put our business acumen to work for you.
Settling an estate most often demands an appraisal to determine fair market value for the home in question. We sympathize that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. Due to this, it is possible that the time of death differs from the date the appraisal is ordered. Our company is knowledgeable about the practices and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, guaranteeing the strongest degree of privacy for all parties involved.
All too often, people do not fully understand the requirement to have an intricate real estate appraisal prepared in support of the numbers displayed in tax documents filed with the IRS and IN state agencies.
One of the most important requirements in a report is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion. This sort of report will certainly demonstrate the evidence that the numbers provided within the report are well-founded and accurate.
Monroe Owen Appraisal, Inc. guarantees an accurate report, which will give an executor clear facts and numbers that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever refuted.
Opinions of value used in documents provided to the the IRS and IN state agencies definitely should be backed by a comprehensive report as to how the appraiser came to his conclusions.