Property Valuations for Estate Settlement by JML Appraisal Services
Estate settlement 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 sympathy to the feelings of everyone in bereavement.
We've made it our company's goal in supplying the best appraisals that lawyers and accountants have come to rely on. We realize their needs and are used to dealing with all parties involved. We create appraisal reports that outdo the needs of the legal system and various groups.
Contact us promptly to discuss your personal estate appraisal needs and how we can put our experience to work for you.
Settling an estate usually depends on an appraisal to establish fair market value for the house therein. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Of course, you have to be there for your family first. We are comfortable with the procedures and requirements needed to supply 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 ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, certifying the fullest degree of discretion for you and your loved ones.
People often forget that the IRS requires reports filed to express the numbers involved in estate sales.
One of the most necessary requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. In having a report backed by JML Appraisal Services's expert appraisers, you will have the knowledge that the numbers shown in the appraisal will certainly demonstrate to the MN agencies that the numbers used are well founded and correct.
JML Appraisal Services guarantees an well-founded appraisal report, which will give an executor solid facts and numbers that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever refuted.
One of the most important requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.