Moraski Real Estate Appraisals knows the special needs of estate executors
The job 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 with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.
Lawyers and accountants depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Generally, all parties will have their own ideas of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. In our company, we are accustomed to interacting with the courts in creating appraisal reports that meet their necessities.
Contact us promptly to discuss your exact estate appraisal needs and how we can put our knowledge to work for you.
Settling an estate commonly depends on an appraisal to acquire fair market value for the home involved. We know that in times like this, acquiring an appraisal report is the furthest thought from your mind. So, it's possible the date an appraisal is ordered will be different from the date of death. Moraski Real Estate Appraisals assures that our staff are knowledgeable about the procedures and requirements requested by the IRS and MA revenue agencies to produce 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 obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, assuring the strongest degree of discretion for all parties involved.
Most people don't realize that the IRS requires reports filed to support the numbers involved in estate sales.
One of the most necessary requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and substantiated.
Having a professional appraisal from Moraski Real Estate Appraisals gives the executor undeniable facts and figures to work with in exceeding IRS and MA state agency requirements. There's no need to be concerned when getting an appraisal from us, because we will back it no matter what.
An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions.