Milwaukee Appraisal Co./Stowe Appraisals knows the special needs of estate executors
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much respect to the feelings of everyone in bereavement.
Part of Milwaukee Appraisal Co./Stowe Appraisals's company goal is to supply top-notch, ethical appraisals that lawyers can depend on. There are required needs for everyone; we understand these needs and are acclimated to working with all parties involved. We produce appraisal reports that surpass the necessities of the legal system and assorted groups.
Contact us promptly to discuss your specific estate appraisal requirements and how we can put our business acumen to work for you.
Settling an estate commonly demands an appraisal to determine fair market value for the estate involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Because of this, often there will be times that the effective date of an appraisal differs from the time of death. Milwaukee Appraisal Co./Stowe Appraisals assures that our appraisers are knowledgeable about the procedures and requirements needed by the IRS and WI revenue agencies to perform 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 appraisers to confidentiality, ensuring the highest degree of discretion for you and your family.
The necessity of owning an appraisal report when cooperating with revenue services to show income when filing documents is often unknown by most people.
One of the most important 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 supported by Milwaukee Appraisal Co./Stowe Appraisals's expert staff, you will have the knowledge that the numbers provided in the report will certainly demonstrate to the IRS that the numbers used are accurate and substantiated.
Having a professional appraisal report from Milwaukee Appraisal Co./Stowe Appraisals gives the executor solid facts and figures to work with in meeting IRS and WI state agency requirements. You need not be concerned over anything, because Milwaukee Appraisal Co./Stowe Appraisals will be there to support our reports if they are ever challenged.
Opinions of value used in documents provided to the revenue authorities absolutely should be supported by a comprehensive report as to how the appraiser came to his conclusions.