![]() Appraisals for Estate Settlement by Monroe Owen Appraisal, Inc.Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement. Part of Monroe Owen Appraisal, Inc.'s focus is to produce top-notch, ethical appraisals that attorneys can depend on. Often, all parties will have their own expectations of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. Among our staff, we are used to dealing with the courts in writing appraisals that meet their necessities. Contact us as soon as possible to discuss your exact estate appraisal requirements and how we can put our knowledge to work for you. Settling an estate generally requires an appraisal to determine fair market value for the house affected. We sympathize that in times like this, acquiring an appraisal report is the furthest thought from your mind. So, we understand that the date an appraisal is needed will deviate the date of death. Our staff is accustomed to the procedures and requirements needed to produce 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 our staff to confidentiality, assuring the fullest degree of discretion for you and your loved ones. Many people do not understand that the IRS needs information filed to show the numbers involved in estate sales. An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. In having a report supported by Monroe Owen Appraisal, Inc.'s professional appraisers, you will have the peace of mind that the numbers displayed in the appraisal will clearly demonstrate to the IN agencies that the numbers used are well founded and correct. Monroe Owen Appraisal, Inc. ensures an detailed appraisal, which will give an executor solid facts and figures that will meet IRS and revenue agency requirements. You need not worry over anything, because we will be there to back up our work if they are ever challenged. One of the most important requirements in an appraisal is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. |