Property Valuations for Estate Settlement by Michael Corso

The 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 promptly and with as much dignity as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.

We've made a name for ourselves in producing the best appraisals that attorneys and accountants have come to rely on. Sometimes, all parties will have their own ideas of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. Among our staff, we are accustomed to interacting with law offices in creating appraisal reports that meet their necessities.

Contact us promptly to discuss your personal estate appraisal requirements and how we can put our experience to work for you.

Usually, settling an estate requires an accurate appraisal report to establish fair market value for the property to the satisfaction of the parties involved. We know that in times like this, acquiring an appraisal report is the furthest thought from your mind. So, we understand that the date an appraisal is ordered will be different from the date of death. Michael Corso assures that our appraisers are comfortable with the procedures and requirements requested by revenue services to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, ensuring the highest degree of privacy for you and your family.

The necessity of ordering a real estate appraisal when dealing with government agencies to show income when filing documents is often overlooked by most people.

Opinions of value displayed in documents filed with the revenue authorities definitely should be backed by an exhaustive report as to how the appraiser acquired his conclusions. Such a report will certainly demonstrate to the IRS that the numbers used are well-founded and substantiated.

An executor will be ecstatic by a report by Michael Corso which will show him irrefutable facts and figures to deal with revenue agencies' requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever refuted.

One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.