Tierney Appraisals understands the special needs of estate executors

The responsibility of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement.

Part of Tierney Appraisals's drive is to create top-notch, ethical appraisals that attorneys can rely on. There are required needs for everyone; we are sympathetic to these needs and are used to to working with all parties involved. We provide appraisal reports that out-strip the requirements of the courts and other groups.

Contact us immediately to discuss your unique estate appraisal essentials and how we can put our experience to work for you.

Generally, settling an estate requires an accurate appraisal report to determine fair market value for the home to the satisfaction of the parties involved. We understand that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. Of course, it's imperative to comfort your family first. Our staff is comfortable with the procedures and requirements obligatory 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 requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, providing the highest degree of privacy for all parties involved.

Most people don't realize that the IRS needs documents filed to support the numbers involved in estate sales.

One of the most necessary requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the IRS that the numbers used are well-founded and substantiated.

Tierney Appraisals will provide an substantiated appraisal report, which will give an executor clear facts and figures that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever challenged.

Opinions of value shown in documents filed with the the IRS and MA state agencies definitely should be supported by an accurate report as to how the appraiser acquired his conclusions.