Mannion Appraisals knows the special needs of estate executors
The job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed 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 in bereavement.
Lawyers and accountants count on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. There are specific needs for everyone; we comprehend these requirements and are used to to dealing with all parties involved. We construct appraisal reports that transcend the necessities of the legal system and different agencies.
Contact us promptly to discuss your unique estate appraisal essentials and how we can put our business acumen to work for you.
Settling an estate usually depends on an appraisal to suggest fair market value for the house involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Because of this, now and then there are times that the effective date of an appraisal report differs from the date of your loss. Our staff is knowledgeable about the procedures and requirements necessary to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, assuring the highest degree of discretion for all parties involved.
The necessity of ordering a real estate appraisal when working with the IRS to show income when filing documents is often not considered by most people.
Opinions of value shown in documents provided to the revenue authorities absolutely should be backed by a comprehensive report as to how the appraiser acquired his conclusions. Such a report will definitely demonstrate to the authorities that the numbers used are well-founded and correct.
An executor will be satisfied by an appraisal report by Mannion Appraisals which will give him solid facts and numbers to cooperate with revenue agencies' requirements. There's no need to have anything but peace of mind when getting an appraisal from us, because we will support it no matter what.
An exhaustive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions.