Monroe Owen Appraisal, Inc. knows the special needs of estate executors
The responsibility 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 deceased as quickly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.
Lawyers and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. There are specific needs for everyone; we realize these necessities and are used to to dealing with all parties involved. We compose appraisal reports that meet the obligations of the courts and different groups.
Contact us immediately to discuss your specific estate appraisal specifications and how we can put our experience to work for you.
Settling an estate most often demands an appraisal to determine fair market value for the estate affected. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Due to this, sometimes the time of death differs from the time the appraisal is required. Monroe Owen Appraisal, Inc. assures that our staff are accustomed to the procedures and requirements needed by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, guaranteeing the strongest degree of discretion for you and your loved ones.
Most of the time people do not fully acknowledge the importance in having a full real estate appraisal produced in support of the numbers being used in general documents filed with the IRS.
One of the most important requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the IN agencies that the numbers used are accurate and correct.
Having a professional appraisal report from Monroe Owen Appraisal, Inc. gives the executor irrefutable facts and figures to work with in going beyond IRS and IN state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever refuted.
A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.