Appraisals for Estate Settlement by Curran AppraisalsSettling an estate is often stressful, but a very important job. It's up to you as an executor to carry out the wishes of the departed as promptly and attentively as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.
Part of Curran Appraisals's focus is to offer top-notch, ethical appraisals that lawyers can rely on. Sometimes, the parties involved will have their own requirements of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. We produce appraisal reports that meet the necessities of the legal system and various groups.
Settling an estate generally demands an appraisal to ascertain market value for the estate affected. We know that in this time of loss, even thinking about an appraisal report is the furthest thought from your mind. Of course, it's expected that you need to comfort your family first. Curran Appraisals assures that our staff is comfortable with the procedures and requirements needed by the federal and Minnesota revenue agencies to produce a retrospective appraisal with an effective date and market value estimate matching the exact date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, providing the strongest degree of discretion for you and your family.
The necessity of needing a real estate appraisal when cooperating with revenue services to show income when filing documents is often overlooked by most people.
Opinions of value displayed in documents provided to revenue authorities definitely should be backed by a detailed report as to how the appraiser acquired his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are accurate and substantiated.
Having a professional appraisal report from Curran Appraisals gives the executor solid facts and figures to work with in exceeding IRS and Minnesota state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever challenged.