![]() Estate Settlement Appraisals in NY by Timothy Flanagan, NYS Certified RE AppriaserThe 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 quickly and respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved. We've made it our company's goal in producing the best appraisals that attorneys and accountants have come to rely on. We cater to their needs and are familiar with dealing with all parties involved. Among our staff, we are accustomed to dealing with legal agencies in supplying reports that meet their demands. Contact us as soon as possible to discuss your exact estate appraisal needs and how we can put our business acumen to work for you. Settling an estate generally demands an appraisal to establish fair market value for the home therein. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Because of this, often there will be times that the date of an appraisal report differs from the time of death. We are familiar with the procedures and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, ensuring the highest degree of privacy for you. Most people don't realize that the IRS needs reports filed to explain the numbers involved in estate sales. Opinions of value shown in documents filed with the revenue authorities absolutely should be supported by an exhaustive report as to how the appraiser acquired his conclusions. This sort of report will definitely demonstrate the evidence that the numbers provided within the report are well-founded and accurate. An executor will be ecstatic by a report by Timothy Flanagan, NYS Certified RE Appriaser which will give him irrefutable facts and numbers to deal with any legal agency's requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever refuted. An exhaustive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. |