Property Valuations for Estate Settlement by Tierney Appraisals
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone left behind.
We've shown that we're experts in providing top-notch appraisals that attorneys and accountants have come to depend on. We comprehend their needs and are acclimated to dealing with all parties involved. In our company, we are accustomed to working with law offices in assembling reports that meet their demands.
Contact us immediately to discuss your precise estate appraisal demands and how we can put our experience to work for you.
Usually, settling an estate necessitates an clear appraisal report to show fair market value for the home to the satisfaction of the parties involved. We know that when you lose a loved one, even thinking about an appraisal report is the furthest thought from your mind. Of course, you need to take care of your family first. Tierney Appraisals assures that we are knowledgeable about the procedures and requirements requested by revenue services to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, certifying the strongest degree of discretion for all parties involved.
The necessity of needing an appraisal when cooperating with the IRS to prove income when filing documents is often not considered by most people.
An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and correct.
Having a professional appraisal from Tierney Appraisals gives the executor irrefutable facts and figures to work with in going beyond IRS and MA state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever refuted.
Opinions of value displayed in documents filed with the the IRS and MA state agencies definitely should be backed by an accurate report as to how the appraiser arrived at his conclusions.