Appraisals for Estate Settlement by Monroe Owen Appraisal, Inc.

Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.

Part of Monroe Owen Appraisal, Inc.'s company goal is to supply top-notch, ethical appraisals that attorneys can rely on. There are required needs for everyone; we realize these requirements and are comfortable to working with all parties involved. We construct appraisal reports that out-strip the needs of the legal system and assorted groups.

Settling an estate commonly requires an appraisal to ascertain fair market value for the residential property involved. We sympathize that in this time of loss, acquiring an appraisal is the furthest thought from your mind. Because of this, now and then there will be times that the date of an appraisal report deviates from the date of your loss. Our company is accustomed to the procedures and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, assuring the highest degree of discretion for you and your loved ones.

Most people don't realize that the IRS needs reports filed to explain the numbers involved in estate sales.

Opinions of value displayed in documents provided to the the IRS and IN state agencies definitely should be backed by an accurate report as to how the appraiser came to his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and substantiated.

Having a professional report from Monroe Owen Appraisal, Inc. gives the executor undeniable facts and figures to work with in meeting IRS and IN state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever refuted.

An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions.