![]() Estate Settlement Appraisals in MI by B. FitzpatrickThe responsibility of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the departed as quickly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone left behind. Part of B. Fitzpatrick's company goal is to provide top-notch, ethical appraisals that attorneys can rely on. There are required needs for everyone; we understand these requirements and are comfortable to dealing with all parties involved. In relation to our experience in working with the courts and various agencies, we construct appraisals that always exceed all expectations. Contact us promptly to discuss your individual estate appraisal requirements and how we can put our knowledge to work for you. Usually, settling an estate necessitates an irrefutable appraisal report to acquire fair market value for the property to the satisfaction of the parties involved. We sympathize that in times like this, ordering an appraisal is the furthest thought from your mind. Because of this, now and then there will be times that the date of an appraisal differs from the date of your loss. B. Fitzpatrick assures that we are accustomed to the procedures and requirements needed by the IRS and MI revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, assuring the fullest degree of discretion for you and your loved ones. The requirement of needing an appraisal when dealing with the IRS to explain income when filing documents is often overlooked by most people. One of the most significant requirements in an appraisal report is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. In having a report backed by B. Fitzpatrick's professional staff, you will have the understanding that the numbers provided in the appraisal will clearly demonstrate to the authorities that the numbers used are accurate and substantiated. B. Fitzpatrick guarantees an well-founded appraisal, which will give an executor clear facts and figures that will meet IRS and state agency requirements. You need not be concerned over anything, because B. Fitzpatrick will be there to back up our work if they are ever challenged. An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. |