Glynn Michael Appraisals LLC understands the special needs of estate executors
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.
Lawyers and accountants depend on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. We understand their needs and are used to working with all parties involved. We create appraisal reports that outdo the requirements of the legal system and other agencies.
Contact us immediately to discuss your specific estate appraisal needs and how we can put our knowledge to work for you.
Settling an estate most often requires an appraisal to ascertain fair market value for the house therein. We understand that in times like this, ordering an appraisal is the furthest thought from your mind. Due to this, sometimes the date of death differs from the date the appraisal is needed. Glynn Michael Appraisals LLC assures that our appraisers are comfortable with the procedures and requirements needed by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, assuring the fullest degree of discretion for all parties involved.
The necessity of owning an appraisal when cooperating with the IRS to prove income when filing documents is often not considered by most people.
One of the most important requirements in an appraisal is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and substantiated.
Glynn Michael Appraisals LLC guarantees an accurate appraisal report, which will give an executor definite facts and figures that will meet IRS and state agency requirements. There's no need to be stressed out when getting an appraisal from us, because we will support it no matter what.
An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions.