Connors Appraisals, Inc. understands 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 exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.
Lawyers and accountants count on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. There are specific needs for everyone; we cater to these necessities and are comfortable to dealing with all parties involved. Because of our experience in dealing with the legal system and different agencies, we provide appraisal reports that always transcend all expectations.
Contact us today to discuss your personal estate appraisal demands and how we can put our knowledge to work for you.
Settling an estate most often depends on an appraisal to establish fair market value for the estate in question. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Due to this, now and then the time of death differs from the time the appraisal is requested. Connors Appraisals, Inc. assures that our staff are knowledgeable about the procedures and requirements requested by revenue services 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 obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, providing the strongest degree of discretion for you and your family.
Many people do not understand that the IRS needs reports filed to support the numbers involved in estate sales.
An exhaustive report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. In having a report backed by Connors Appraisals, Inc.'s professional appraisers, you will have the understanding that the numbers provided in the report will clearly demonstrate to the MD agencies that the numbers used are well founded and substantiated.
Having a professional appraisal report from Connors Appraisals, Inc. gives the executor definite facts and figures to work with in meeting IRS and MD state agency requirements. You need not be concerned over anything, because Connors Appraisals, Inc. will be there to back up our work if they are ever refuted.
Opinions of value displayed in documents filed with the revenue authorities absolutely should be backed by an exhaustive report as to how the appraiser came to his conclusions.