Momentum Appraisals knows the special needs of estate executors
The responsibility 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 quickly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement.
Lawyers and accountants count on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. We cater to their needs and are familiar with helping with all parties involved. We furnish appraisal reports that surpass the obligations of the courts and other groups.
Contact us immediately to discuss your individual estate appraisal demands and how we can put our experience to work for you.
Settling an estate commonly demands an appraisal to establish fair market value for the house in question. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Due to this, often the date of death differs from the time the appraisal is requested. We are comfortable with the practices and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, certifying the highest degree of privacy for you.
The necessity of ordering an appraisal when cooperating with the IRS to prove income when filing documents is often misunderstood by most people.
One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. In having a report supported by Momentum Appraisals's professional staff, you will have the peace of mind that the numbers displayed in the appraisal will definitely demonstrate to the IRS that the numbers used are accurate and substantiated.
Momentum Appraisals will provide an detailed report, which will provide an executor solid facts and figures that will meet IRS and revenue agency requirements. You need not worry over anything, because Momentum Appraisals will be there to support our reports if they are ever refuted.
One of the most important requirements in a report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion.