Property Valuations for Estate Settlement by Gloria Ostrowski Appraisals, Inc.The task of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the departed as promptly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind. Lawyers and accountants count on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. We are sympathetic to their needs and are used to helping with all parties involved. Because of our familiarity in dealing with attorneys and accountants and various agencies, we construct appraisal reports that definitely outdo all expectations. Contact us as soon as possible to discuss your unique estate appraisal requirements and how we can put our experience to work for you. Settling an estate usually depends on an appraisal to show fair market value for the house in question. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Of course, it's imperative to take care of your loved ones first. Gloria Ostrowski Appraisals, Inc. assures that we are comfortable with the procedures and requirements requested by the IRS and IN revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, ensuring the fullest degree of discretion for you and your family. Most people don't realize that the IRS needs information filed to express the numbers involved in estate sales. An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. This sort of report will certainly demonstrate your claim that the numbers provided within the report are well-founded and accurate. Gloria Ostrowski Appraisals, Inc. guarantees an well-founded report, which will give an executor clear facts and figures that will exceed IRS and revenue agency requirements. You need not be concerned over anything, because we will be there to support our appraisals if they are ever challenged. One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. |