Monroe Owen Appraisal, Inc. understands the special needs of estate executors
Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved.
Part of Monroe Owen Appraisal, Inc.'s drive is to create top-notch, ethical appraisals that attorneys can rely on. We understand their needs and are familiar with helping with all parties involved. In relation to our experience in dealing with attorneys and accountants and different agencies, we construct reports that definitely exceed all expectations.
Contact us promptly to discuss your specialized estate appraisal demands and how we can put our knowledge to work for you.
Settling an estate commonly requires 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. Due to this, now and then the date of death differs from the date the appraisal is requested. We are comfortable with the practices and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, assuring the strongest degree of privacy for you and your family.
People often forget that the IRS requires documents filed to explain the numbers involved in estate sales.
An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and correct.
Having a professional appraisal from Monroe Owen Appraisal, Inc. gives the executor irrefutable facts and figures to work with in exceeding IRS and IN state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever refuted.
One of the most necessary requirements in an appraisal report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.