![]() Appraisals for Estate Settlement by Port City ConsultantsThe task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind. We've made it our company's goal in supplying the best appraisals that lawyers and accountants have come to rely on. There are specific needs for everyone; we are sympathetic to these necessities and are comfortable to dealing with all parties involved. In relation to our experience in working with attorneys and accountants and other agencies, we supply appraisals that always exceed all expectations. Contact us as soon as possible to discuss your personal estate appraisal essentials and how we can put our knowledge to work for you. Commonly, settling an estate requires an accurate appraisal report to show fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Due to this, often the time of death differs from the time the appraisal is required. Port City Consultants assures that our appraisers are familiar 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 ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, assuring the fullest degree of discretion for you. The requirement of needing an appraisal when working with the IRS to show income when filing documents is often misunderstood by most people. One of the most necessary requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. In having a report supported by Port City Consultants's expert appraisers, you will have the understanding that the numbers provided in the report will clearly demonstrate to the IRS that the numbers used are well founded and substantiated. Having a professional appraisal report from Port City Consultants gives the executor solid facts and figures to work with in going beyond IRS and NY state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever challenged. An accurate report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. |