Estate Settlement Appraisals in MI by Great Lakes AppraisalThe job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as quickly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind. We've made it our company's goal in producing the best appraisals that lawyers and accountants have come to rely on. Usually, all parties will have different expectations of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. In our company, we are used to dealing with law offices in composing appraisals that transcend their necessities. Contact us as soon as possible to discuss your unique estate appraisal needs and how we can put our knowledge to work for you. Generally, settling an estate requires an detailed appraisal report to determine fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, it's possible the time an appraisal is needed will deviate the date of death. We are knowledgeable about the systems and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, providing the strongest degree of discretion for you and your family. Often, people do not fully fathom the requirement to have a comprehensive appraisal report produced in support of the numbers shown in general documents filed with the IRS. One of the most necessary requirements in an appraisal report is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and correct. An executor will be over-joyed by an appraisal report by Great Lakes Appraisal which will give him solid facts and figures to work with any legal agency's requirements. You need not be concerned over anything, because Great Lakes Appraisal will be there to stand by our reports if they are ever challenged. Opinions of value used in documents provided to the the IRS and MI state agencies absolutely should be supported by a detailed report as to how the appraiser acquired his conclusions. |