Estate Settlement Appraisals in MI by Michigan Appraising

Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved.

Lawyers and accountants depend on our conduct when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. There are required needs for everyone; we comprehend these needs and are acclimated to dealing with all parties involved. In our company, we are used to working with law offices in supplying reports that transcend their requirements.

Commonly, settling an estate requires an accurate appraisal report to establish fair market value for the property to the satisfaction of the parties involved. We understand that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. Because of this, now and then there are times that the effective date of an appraisal differs from the time of death. Michigan Appraising assures that we are accustomed to the procedures and requirements requested by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, ensuring the strongest degree of privacy for you and your loved ones.

Often, people do not fully comprehend the necessity in having a detailed appraisal report supplied in support of the numbers shown in tax documents filed with revenue authorities.

An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. This sort of report will definitely substantiate your claim that the numbers within within the report are well-founded and accurate.

Having a professional appraisal from Michigan Appraising gives the executor undeniable facts and figures to work with in going beyond IRS and MI state agency requirements. You need not worry over anything, because Michigan Appraising will be there to stand by our work if they are ever refuted.

Opinions of value displayed in documents provided to the revenue authorities absolutely should be supported by an exhaustive report as to how the appraiser acquired his conclusions.