![]() Property Valuations for Estate Settlement by DeSio Appraisal ServiceEstate 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 respect to the feelings of everyone involved. Part of DeSio Appraisal Service's drive is to offer top-notch, ethical appraisals that lawyers can rely on. We understand their needs and are used to working with all parties involved. In our company, we are used to working with legal agencies in creating appraisals that out-strip their needs. Contact us as soon as possible to discuss your individual estate appraisal specifications and how we can put our experience to work for you. Settling an estate generally depends on an appraisal to determine fair market value for the home in question. We sympathize that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. Due to this, there is a chance that the date of death differs from the time the appraisal is requested. Our company is knowledgeable about 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 ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, ensuring the strongest degree of discretion for you. Most people don't realize that the IRS needs reports filed to show the numbers involved in estate sales. An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are accurate and substantiated. An executor will be satisfied by a report by DeSio Appraisal Service which will show him irrefutable facts and numbers to work with the IRS and NY state agencies' requirements. You need not be concerned over anything, because DeSio Appraisal Service will be there to stand by our reports if they are ever challenged. One of the most significant requirements in a report is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion. |