Appraisals for Estate Settlement by Island Preferred, Inc.Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind. 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. We comprehend their needs and are acclimated to dealing with all parties involved. In relation to our familiarity in dealing with the legal system and different agencies, we create appraisals that always exceed all expectations. Contact us immediately to discuss your precise estate appraisal needs and how we can put our business acumen to work for you. Commonly, settling an estate requires an irrefutable appraisal report to ascertain fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Of course, you need to be there for your loved ones first. Island Preferred, Inc. assures that we are comfortable with the procedures and requirements requested by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, assuring the strongest degree of discretion for all parties involved. All too often, people do not fully fathom the requirement to have a detailed appraisal report supplied in support of the numbers shown in tax documents filed with the IRS and NY state agencies. An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the NY agencies that the numbers used are accurate and substantiated. Island Preferred, Inc. ensures an well-founded appraisal, which will give an executor solid facts and numbers 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. An exhaustive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. |