![]() Property Valuations for Estate Settlement by Manno Valuation, IncThe responsibility 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 exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved. Attorneys and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. Often, all parties will have differing suggestions 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 dealing with the courts in writing appraisals that meet their necessities. Contact us today to discuss your precise estate appraisal specifications and how we can put our knowledge to work for you. Usually, settling an estate requires an accurate appraisal report to establish fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Because of this, often there are times that the effective date of an appraisal report differs from the date of your loss. We are comfortable with the practices and requirements obligatory to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, guaranteeing the highest degree of privacy for you. The necessity of having an appraisal when cooperating with revenue services to prove income when filing documents is often unknown by most people. Opinions of value displayed in documents filed with the the IRS and LA state agencies absolutely should be backed by an exhaustive report as to how the appraiser acquired his conclusions. This sort of report will definitely substantiate the evidence that the numbers expressed within the report are well-founded and accurate. Manno Valuation, Inc guarantees an substantiated report, which will give an executor solid facts and numbers that will exceed IRS and state agency requirements. You need not be concerned over anything, because Manno Valuation, Inc will be there to stand by our work if they are ever challenged. Opinions of value shown in documents provided to the revenue authorities absolutely should be backed by an exhaustive report as to how the appraiser acquired his conclusions. |