Estate Planning & Settlement Appraisals

A real property value appraisal is typically required for estate settlement purposes as well as estate planning. By providing an expert opinion of value placed on real property, an Estate Appraiser can provide services essential by providing a conclusion of fair market value of a residential or commercial property. We understand the purpose and are very experienced providing services to any parties involved. We provide estate appraisal reports that meet the requirements of families and heirs, along with the courts and various agencies, either on a retrospective or current basis, establishing a conclusion of fair market value to assist in settling or planning an estate among heirs.

Executor or Executrix, Attorneys and Accountants can rely on our estate home value appraisals when providing assistance, calculating, planning and settling estates.

Settling an estate usually requires a real estate appraisal to establish Fair Market Value for the residential property involved. Typically, the date of passing of an heir requires a retrospective appraisal report, with an effective date and opinion of Fair Market Value as of the date of loss of the family member. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.

All too often, people do not fully understand the need to have a detailed real estate appraisal report prepared in support of the numbers being used in documents filed with revenue authorities. Conclusions of value used in documents filed with the revenue authorities should be supported by a detailed appraisal report, with a summarization of how the appraiser arrived at the conclusion of value contained therein. Such a report will certainly demonstrate to the authorities that the value arrived at is well supported and substantiated.

Having a professional appraisal gives the executor/executrix solid facts and figures, which can be utilized in meeting IRS and State agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is challenged.

Settling an Estate or Estate Planning is an important and sometimes stressful job. As an Executor or Executrix, you have been entrusted to carry out the wishes of the deceased as swiftly and as accurately as possible. You can count on us to act quickly and with sensitivity to the feelings of everyone involved. We are familiar with the special circumstances that often accompany property valuation in estate settlement cases, and can handle your needs in a timely manner with complete competence. As estate appraiser, we are also experienced with giving expert witness testimony in with regards to such matters.