Estate Settlement Appraisals in MD by Colen & Associates
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.
We've made it our company's goal in providing the best appraisals that attorneys and accountants have come to rely on. Usually, everyone involved will have differing expectations of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. Among our staff, we are used to interacting with legal agencies in composing appraisals that meet their necessities.
Contact us as soon as possible to discuss your specific estate appraisal needs and how we can put our experience to work for you.
Usually, settling an estate necessitates an clear appraisal report to determine fair market value for the home to the satisfaction of the parties involved. We know that in times like this, even thinking about an appraisal report is the furthest thought from your mind. So, it's possible the time an appraisal is requested will deviate the date of death. Colen & Associates assures that we are knowledgeable about the procedures and requirements requested by the IRS and MD revenue agencies to perform 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 requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, assuring the fullest degree of privacy for all parties involved.
The necessity of owning a real estate appraisal when cooperating with revenue services to prove income when filing documents is often not considered by most people.
Opinions of value displayed in documents filed with the the IRS and MD state agencies definitely should be backed by a detailed report as to how the appraiser acquired his conclusions. This sort of report will certainly show the evidence that the numbers within within the report are well-founded and accurate.
An executor will be over-joyed by a report by Colen & Associates which will provide him irrefutable facts and figures to cooperate with any legal agency's requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever challenged.
An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions.