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 empathy 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 rely on. Generally, all parties will have differing ideas of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. We produce appraisal reports that surpass the obligations of the courts and different groups.
Contact us immediately to discuss your exact estate appraisal essentials and how we can put our experience to work for you.
Usually, settling an estate requires an clear appraisal report to ascertain fair market value for the house to the satisfaction of the parties involved. We sympathize that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. Of course, it's imperative to take care of your family first. We are knowledgeable about the systems and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, assuring the fullest degree of privacy for you and your loved ones.
People often forget that the IRS needs information filed to express the numbers involved in estate sales.
A comprehensive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. This sort of report will certainly show your claim that the numbers within within the report are well-founded and accurate.
Frigoletto & Associates Inc. guarantees an substantiated report, which will give an executor clear facts and figures that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever challenged.
Opinions of value shown in documents provided to the the IRS and MA state agencies absolutely should be backed by an accurate report as to how the appraiser came to his conclusions.