Estate Settlement Appraisals in Michigan by Spire AppraisalEstate settlement is often stressful, but a very important job. It's up to you as a trustee to carry out the wishes of the deceased as promptly 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 involved.
Attorneys and accountants depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Usually, all parties will have their own suggestions of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. In our company, we are accustomed to dealing with legal agencies in producing appraisals that out-strip their requirements.
Settling an estate most often requires an appraisal to suggest market value for the property therein. It's understandable that ordering an appraisal is the farthest thought from your mind. Of course, it's expected that you need to take care of your family first. Spire Appraisal assures that our staff is knowledgeable about the procedures and requirements needed by revenue services to supply a retrospective appraisal with an effective date and market value estimate matching the exact date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, assuring the fullest degree of discretion for you and your family.
The importance of ordering an appraisal report when cooperating with the IRS to prove income when filing documents is often not considered by most people.
Opinions of value used in documents provided to the IRS and Michigan agencies definitely should be supported by an exhaustive report as to how the appraiser acquired his conclusions. In having a report backed by Spire Appraisal's expert staff, you will have the understanding that the numbers provided in the appraisal report will certainly demonstrate to the authorities that the numbers used are accurate and substantiated.
Spire Appraisal will provide a substantiated report, which will give an executor solid facts and figures that will exceed IRS and revenue agency requirements. You need not be concerned over anything, because we will be there to stand by our work if they are ever challenged.