Property Valuations for Estate Settlement by Frigoletto & Associates Inc.
The responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.
We've made it our company's goal in supplying excellent appraisals that attorneys and accountants have come to depend on. Generally, everyone involved will have different expectations of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. Due to our familiarity in dealing with the courts and different agencies, we supply reports that always transcend all expectations.
Contact us immediately to discuss your precise estate appraisal needs and how we can put our knowledge to work for you.
Usually, settling an estate necessitates an clear appraisal report to suggest fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Of course, it's imperative to comfort your loved ones first. Frigoletto & Associates Inc. assures that we are knowledgeable about the procedures and requirements requested by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, ensuring the highest degree of privacy for you and your loved ones.
Many times, people do not fully fathom the requirement to have an intricate appraisal report prepared in support of the numbers being used in general documents filed with the IRS.
Opinions of value shown in documents filed with the revenue authorities absolutely should be supported by an accurate report as to how the appraiser arrived at his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and substantiated.
Frigoletto & Associates Inc. will provide an substantiated appraisal, which will give an executor clear facts and numbers that will exceed IRS and state agency requirements. You need not stress over anything, because Frigoletto & Associates Inc. will be there to back up our appraisals if they are ever challenged.
One of the most necessary requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.