Property Valuations for Estate Settlement by Leese Appraisal ServiceSettling an estate is an important and sometimes stressful task. It's up to you as a trustee to carry out the wishes of the deceased as swiftly and attentively as possible. You can count on Leese Appraisal Service to act quickly and with as much respect to the feelings of everyone in bereavement.
Attorneys and accountants rely on our ethics when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. We are sympathetic to their needs and are accustomed to dealing with all parties involved. Among our staff, we are used to interacting with law offices in supplying appraisal reports that out-strip their necessities.
Commonly, settling an estate necessitates a clear appraisal report to establish market value for the property to the satisfaction of the parties involved. We understand that in times like this, acquiring an appraisal is the furthest thought from your mind. So, it's possible the time an appraisal is needed will differ the date of death. Leese Appraisal Service assures that we are familiar with the procedures and requirements needed by the federal and Michigan revenue agencies to produce a retrospective appraisal with an effective date and market value estimate matching the date you suffered the loss of your loved one. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, providing the strongest degree of discretion for all parties involved.
The necessity of ordering an appraisal when cooperating with the IRS to show income when filing documents is often misunderstood by most people.
One of the most essential requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the IRS that the numbers used are well-founded and correct.
Leese Appraisal Service guarantees an accurate report, which will provide an executor clear facts and figures that will meet IRS and revenue 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 refuted.