Lakeland Appraisal understands the special needs of estate executors
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 promptly 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 in bereavement.
We've made a name for ourselves in supplying top-notch appraisals that lawyers and accountants have come to rely on. Sometimes, the parties involved will have their own ideas of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. In relation to our familiarity in working with attorneys and accountants and other agencies, we offer appraisal reports that definitely meet all expectations.
Contact us immediately to discuss your exact estate appraisal needs and how we can put our knowledge to work for you.
Settling an estate generally requires an appraisal to establish fair market value for the home in question. It's understandable that thinking about an appraisal is the farthest thought from your mind. Of course, you have to comfort your family first. Lakeland Appraisal assures that our appraisers are knowledgeable about the procedures and requirements requested by the IRS and MI revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, certifying the highest degree of discretion for all parties involved.
People often forget that the IRS needs reports filed to express the numbers involved in estate sales.
Opinions of value shown in documents provided to the the IRS and MI state agencies absolutely should be backed by a comprehensive report as to how the appraiser acquired his conclusions. This sort of report will definitely show the evidence that the numbers displayed within the report are well-founded and accurate.
Lakeland Appraisal ensures an detailed report, which will provide an executor definite facts and numbers that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever refuted.
One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.
Got a Question?
Do you have a question relating to real estate appraisals? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.