Appraisals for Estate Settlement by Vincent ThomasSettling an estate is often stressful, but a very important job. 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 empathy to the feelings of everyone involved. We've made a name for ourselves in producing excellent appraisals that attorneys and accountants have come to rely on. Generally, everyone involved will have different ideas of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. Among our staff, we are used to working with law offices in writing reports that surpass their needs. Contact us as soon as possible to discuss your specific estate appraisal requirements and how we can put our knowledge to work for you. Generally, settling an estate necessitates an irrefutable appraisal report to establish fair market value for the home to the satisfaction of the parties involved. We understand that when you lose a loved one, even thinking about an appraisal report is the furthest thought from your mind. So, we understand that the time an appraisal is ordered will deviate the date of death. We are knowledgeable about the systems and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, certifying the fullest degree of privacy for you and your family. Many people do not understand that the IRS requires reports filed to support the numbers involved in estate sales. Opinions of value shown in documents provided to the revenue authorities absolutely should be supported by a detailed report as to how the appraiser acquired his conclusions. In having a report supported by Vincent Thomas's expert appraisers, you will have the understanding that the numbers displayed in the appraisal report will clearly demonstrate to the NY agencies that the numbers used are accurate and substantiated. An executor will be satisfied by a report by Vincent Thomas which will provide him undeniable facts and numbers to work with revenue agencies' requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever refuted. One of the most necessary requirements in a report is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion. |