Monroe Owen Appraisal, Inc. understands the special needs of estate executors
Settling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as quickly 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.
Attorneys and accountants rely on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. Usually, all parties will have different ideas of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. We compose appraisal reports that surpass the obligations of the courts and other agencies.
Contact us today to discuss your individual estate appraisal requirements and how we can put our knowledge to work for you.
Commonly, settling an estate requires an detailed appraisal report to establish fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, often there can be times that the date of an appraisal deviates from the time of death. Our company is knowledgeable about the procedures and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, assuring the fullest degree of privacy for you and your loved ones.
People often forget that the IRS requires documents filed to support the numbers involved in estate sales.
Opinions of value shown in documents provided to the the IRS and IN state agencies definitely should be backed by a comprehensive report as to how the appraiser came to his conclusions. A report of this caliber will definitely demonstrate your claim that the numbers displayed within the report are well-founded and accurate.
Monroe Owen Appraisal, Inc. will provide an well-founded report, which will provide an executor definite facts and numbers that will exceed IRS and revenue agency requirements. You need not stress over anything, because Monroe Owen Appraisal, Inc. will be there to stand by our appraisals if they are ever refuted.
Opinions of value used in documents filed with the the IRS and IN state agencies absolutely should be supported by an accurate report as to how the appraiser came to his conclusions.