P.M. Appraisals, Inc. understands the special needs of estate executors
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 deceased as swiftly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.
Part of P.M. Appraisals, Inc.'s focus is to create top-notch, ethical appraisals that attorneys can depend on. We are sympathetic to their needs and are used to working with all parties involved. In our company, we are accustomed to interacting with law offices in providing reports that meet their requirements.
Contact us today to discuss your personal estate appraisal needs and how we can put our experience to work for you.
Generally, settling an estate necessitates an clear appraisal report to determine fair market value for the house to the satisfaction of the parties involved. We empathize that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. So, we understand that the time an appraisal is requested will deviate the date of death. P.M. Appraisals, Inc. assures that we are familiar with the procedures and requirements needed by the IRS and NY revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, certifying the strongest degree of discretion for you and your loved ones.
The requirement of needing an appraisal when working with revenue services to prove income when filing documents is often not considered by most people.
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 backed by P.M. Appraisals, Inc.'s professional staff, you will have the knowledge that the numbers displayed in the report will certainly demonstrate to the IRS that the numbers used are well founded and substantiated.
P.M. Appraisals, Inc. ensures an well-founded appraisal, which will give an executor clear facts and numbers that will meet IRS and state agency requirements. You need not worry over anything, because P.M. Appraisals, Inc. will be there to support our reports if they are ever challenged.
Opinions of value used in documents filed with the the IRS and NY state agencies absolutely should be supported by an exhaustive report as to how the appraiser arrived at his conclusions.