Appraisals for Estate Settlement by DM Appraisals LLC

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 understanding to the feelings of everyone involved.

Part of DM Appraisals LLC's drive is to supply top-notch, ethical appraisals that attorneys can rely on. Usually, all parties will have differing ideas of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. We produce appraisal reports that meet the obligations of the legal system and assorted agencies.

Usually, settling an estate requires an detailed appraisal report to determine fair market value for the property to the satisfaction of the parties involved. We know that in this time of loss, ordering an appraisal report is the furthest thought from your mind. So, it's possible the date an appraisal is needed will be different from the date of death. DM Appraisals LLC assures that our staff are comfortable with 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 you suffered the loss of your loved one. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, ensuring the highest degree of discretion for you.

People often forget that the IRS requires documents filed to explain the numbers involved in estate sales.

Opinions of value displayed in documents filed with the revenue authorities definitely should be backed by a detailed report as to how the appraiser came to his conclusions. Such a report will definitely demonstrate to the authorities that the numbers used are well-founded and correct.

DM Appraisals LLC will provide an well-founded appraisal report, which will provide an executor definite facts and numbers that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever challenged.

One of the most essential requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.