Estate Settlement Appraisals in MA by Frigoletto & Associates Inc.
Estate settlement is often stressful, but a very important job. 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.
Part of Frigoletto & Associates Inc.'s focus is to produce top-notch, ethical appraisals that lawyers can depend on. We are sympathetic to their needs and are acclimated to helping with all parties involved. Among our staff, we are used to interacting with the courts in creating appraisal reports that meet their necessities.
Contact us today to discuss your specific estate appraisal specifications and how we can put our experience to work for you.
Generally, settling an estate requires an detailed appraisal report to show fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Due to this, it is possible that the time of death differs from the date the appraisal is ordered. Frigoletto & Associates Inc. assures that our appraisers are accustomed to the procedures and requirements requested by the IRS and MA revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, guaranteeing the strongest degree of privacy for you and your family.
The importance of ordering a real estate appraisal when working with government agencies to explain income when filing documents is often unknown by most people.
One of the most necessary requirements in a report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and substantiated.
Having a professional appraisal report from Frigoletto & Associates Inc. gives the executor solid facts and figures to work with in exceeding IRS and MA state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever challenged.
Opinions of value used in documents filed with the revenue authorities absolutely should be supported by an exhaustive report as to how the appraiser came to his conclusions.