Professional Appraisals 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 compassion to the feelings of everyone left behind.

Part of Professional Appraisals's mission statement is to create top-notch, ethical appraisals that lawyers can rely on. Sometimes, all parties will have differing requirements of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. We furnish appraisal reports that exceed the necessities of the courts and various agencies.

Settling an estate commonly depends on an appraisal to show fair market value for the estate in question. It's understandable that ordering an appraisal is the farthest thought from your mind. So, there's a chance the time an appraisal is requested will differ the date of death. Professional Appraisals assures that our appraisers are comfortable with the procedures and requirements requested by the IRS and NY revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, ensuring the highest degree of discretion for all parties involved.

People often forget that the IRS requires documents filed to show the numbers involved in estate sales.

An exhaustive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. In having a report backed by Professional Appraisals's professional staff, you will have the peace of mind that the numbers displayed in the appraisal will definitely demonstrate to the authorities that the numbers used are accurate and substantiated.

Professional Appraisals guarantees an substantiated appraisal, which will provide an executor clear facts and figures that will exceed IRS and revenue agency requirements. There's no need to worry when getting an appraisal from Professional Appraisals, because we will back it no matter what.

One of the most necessary requirements in a report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.