Estate Settlement Appraisals in NY by Robert Pasacrita Appraisals
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 quickly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.
Lawyers and accountants depend on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. Sometimes, the parties involved will have differing expectations of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. In our company, we are used to working with the courts in producing appraisals that out-strip their necessities.
Contact us immediately to discuss your exact estate appraisal specifications and how we can put our experience to work for you.
Usually, settling an estate requires an accurate appraisal report to suggest fair market value for the property to the satisfaction of the parties involved. We empathize that in times like this, ordering an appraisal report is the furthest thought from your mind. Because of this, often there are times that the date of an appraisal differs from the time of death. Our company is comfortable with the practices and requirements necessary to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, ensuring the strongest degree of discretion for all parties involved.
Most of the time people do not fully appreciate the necessity in having an intricate appraisal report supplied in support of the numbers shown in general documents filed with the IRS and NY state agencies.
One of the most significant requirements in a report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. This sort of report will certainly substantiate your claim that the numbers expressed within the report are well-founded and accurate.
An executor will be ecstatic by an appraisal by Robert Pasacrita Appraisals which will provide him undeniable facts and figures to work with the IRS and NY state agencies' requirements. You need not worry over anything, because Robert Pasacrita Appraisals will be there to back up our reports if they are ever challenged.
Opinions of value used in documents filed with the the IRS and NY state agencies definitely should be supported by an accurate report as to how the appraiser arrived at his conclusions.