![]() Appraisals for Estate Settlement by Downes and Associates IncThe 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 promptly and with as much dignity as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved. We've shown that we're experts in producing excellent appraisals that lawyers and accountants have come to depend on. There are specific needs for everyone; we understand these requirements and are used to to dealing with all parties involved. We produce appraisal reports that outdo the obligations of the courts and assorted agencies. Contact us immediately to discuss your specialized estate appraisal requirements and how we can put our experience to work for you. Settling an estate commonly requires an appraisal to acquire fair market value for the estate affected. We know that when you lose a loved one, acquiring an appraisal report is the furthest thought from your mind. Because of this, often there will be times that the effective date of an appraisal report deviates from the date of your loss. Our company is knowledgeable about the practices and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, providing the fullest degree of discretion for you and your family. Many times, people do not fully realize the requirement to have a detailed real estate appraisal produced in support of the numbers displayed in general documents filed with revenue authorities. Opinions of value shown in documents filed with the the IRS and IA state agencies absolutely should be supported by a comprehensive report as to how the appraiser arrived at his conclusions. Such a report will definitely demonstrate to the IA agencies that the numbers used are well-founded and substantiated. Downes and Associates Inc guarantees an accurate appraisal, which will provide an executor definite facts and numbers that will meet IRS and state agency requirements. There's no need to have anything but peace of mind when getting an appraisal from Downes and Associates Inc, because we will support it no matter what. One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. |