Estate Settlement Appraisals in MN by JML Appraisal Services
The job 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 deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.
Part of JML Appraisal Services's mission statement is to provide top-notch, ethical appraisals that attorneys can depend on. Often, the parties involved will have their own requirements of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. In our company, we are accustomed to working with legal agencies in creating appraisals that out-strip their demands.
Contact us today to discuss your specific estate appraisal requirements and how we can put our knowledge to work for you.
Settling an estate commonly demands an appraisal to acquire fair market value for the property therein. We sympathize that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. Because of this, often there can be times that the effective date of an appraisal differs from the time of death. JML Appraisal Services assures that our appraisers 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 exact date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, assuring the fullest degree of discretion for you.
All too often, people do not fully fathom the demand to have a comprehensive real estate appraisal prepared in support of the numbers displayed in general documents filed with the IRS.
An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. A report of this caliber will clearly substantiate the evidence that the numbers displayed within the report are well-founded and accurate.
Having a professional report from JML Appraisal Services gives the executor definite facts and figures to work with in exceeding IRS and MN state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever challenged.
An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.