Estate Settlement Appraisals in MI by Clearbrook Appraisal
The task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much respect to the feelings of everyone left behind.
We've made it our company's goal in providing excellent appraisals that lawyers and accountants have come to depend on. Often, all parties will have differing expectations of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. Due to our familiarity in working with attorneys and accountants and different agencies, we offer reports that always meet all expectations.
Contact us immediately to discuss your explicit estate appraisal essentials and how we can put our knowledge to work for you.
Settling an estate usually depends on an appraisal to suggest fair market value for the house affected. It's understandable that thinking about an appraisal is the farthest thought from your mind. Of course, you have to comfort your family first. Clearbrook Appraisal assures that we are knowledgeable about the procedures and requirements requested by revenue services to produce 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 explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, ensuring the fullest degree of privacy for you and your loved ones.
The requirement of ordering a real estate appraisal when dealing with the IRS to explain income when filing documents is often not considered by most people.
One of the most necessary requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the MI agencies that the numbers used are well-founded and substantiated.
Having a professional report from Clearbrook Appraisal gives the executor irrefutable facts and figures to work with in exceeding IRS and MI state agency requirements. You need not be concerned over anything, because Clearbrook Appraisal will be there to support our reports if they are ever challenged.
Opinions of value displayed in documents provided to the the IRS and MI state agencies absolutely should be backed by a comprehensive report as to how the appraiser acquired his conclusions.