Appraisals for Estate Settlement by Glynn Michael Appraisals LLC
Settling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.
Lawyers and accountants rely on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. There are specific needs for everyone; we are sympathetic to these necessities and are familiar to working with all parties involved. We offer appraisal reports that meet the obligations of the legal system and other groups.
Contact us today to discuss your unique estate appraisal needs and how we can put our business acumen to work for you.
Settling an estate commonly requires an appraisal to determine fair market value for the estate therein. We understand that in times like this, even thinking about an appraisal report is the furthest thought from your mind. Due to this, often the time of death differs from the time the appraisal is needed. Glynn Michael Appraisals LLC assures that we are comfortable with the procedures and requirements needed by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, ensuring the highest degree of privacy for you.
Most people don't realize that the IRS requires information filed to show the numbers involved in estate sales.
Opinions of value used in documents filed with the the IRS and LA state agencies absolutely should be backed by a comprehensive report as to how the appraiser acquired his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and correct.
Having a professional report from Glynn Michael Appraisals LLC gives the executor irrefutable facts and figures to work with in meeting IRS and LA state agency requirements. There's no need to be concerned when getting a report from Glynn Michael Appraisals LLC, because we will support it no matter what.
An exhaustive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions.