Appraisals for Estate Settlement by Powell Appraisal ServicesEstate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone left behind. Part of Powell Appraisal Services's mission statement is to supply top-notch, ethical appraisals that lawyers can rely on. Often, the parties involved will have differing ideas of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. In our company, we are used to working with law offices in creating reports that exceed their demands. Contact us as soon as possible to discuss your specialized estate appraisal specifications and how we can put our knowledge to work for you. Settling an estate generally requires an appraisal to acquire fair market value for the house involved. We know that when you lose a loved one, ordering an appraisal is the furthest thought from your mind. Because of this, now and then there are times that the effective date of an appraisal report differs from the date of your loss. Powell Appraisal Services assures that our appraisers are comfortable with the procedures and requirements needed by the IRS and MD revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, providing the strongest degree of privacy for all parties involved. Most people don't realize that the IRS requires documents filed to show the numbers involved in estate sales. Opinions of value shown in documents provided to the revenue authorities definitely should be supported by an accurate report as to how the appraiser arrived at his conclusions. In having a report backed by Powell Appraisal Services's professional staff, you will have the knowledge that the numbers provided in the appraisal will certainly demonstrate to the authorities that the numbers used are accurate and correct. An executor will be over-joyed by an appraisal by Powell Appraisal Services which will give him solid facts and figures to cooperate with revenue agencies' requirements. You need not be concerned over anything, because we will be there to back up our appraisals if they are ever challenged. Opinions of value used in documents filed with the revenue authorities definitely should be backed by an accurate report as to how the appraiser came to his conclusions. |