Monroe Owen Appraisal, Inc. knows 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 quickly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone in bereavement.
We've made it our company's goal in supplying excellent appraisals that attorneys and accountants have come to depend on. Sometimes, everyone involved will have different ideas of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. In our company, we are accustomed to dealing with law offices in supplying appraisals that out-strip their demands.
Contact us immediately to discuss your precise estate appraisal requirements and how we can put our knowledge to work for you.
Settling an estate most often demands an appraisal to suggest fair market value for the property in question. We know that in this time of loss, ordering an appraisal report is the furthest thought from your mind. Due to this, there is a chance that the time of death differs from the time the appraisal is ordered. We are comfortable with the systems and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, providing the strongest degree of discretion for you.
Many people do not understand that the IRS needs 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 detailed report as to how the appraiser came to his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and substantiated.
Having a professional report from Monroe Owen Appraisal, Inc. gives the executor definite facts and figures to work with in meeting IRS and IN state agency requirements. You need not stress over anything, because we will be there to support our work if they are ever challenged.
An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions.