Property Valuations for Estate Settlement by Kennedy AppraisalsThe job of settling an estate, while stressful, is not to be taken lightly. As a trustee, you've been given the responsiblity to carry out the wishes of the departed as promptly and with as much dignity as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.
We've made it our company's goal in producing excellent appraisals that lawyers and accountants have come to depend on. We comprehend their needs and are acclimated to helping with all parties involved. Among our staff, we are used to working with legal agencies in assembling appraisal reports that surpass their needs.
Settling an estate most often requires an appraisal to suggest market value for the home therein. We sympathize that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. Of course, it's expected that you need to comfort your loved ones first. Our staff is knowledgeable about the systems and requirements needed to supply a retrospective appraisal with an effective date and market value estimate matching the exact date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, providing the strongest degree of privacy for you.
The importance of having an appraisal when dealing with revenue services to explain income when filing documents is often overlooked by most people.
Opinions of value used in documents provided to revenue authorities definitely should be supported by a comprehensive report as to how the appraiser acquired his conclusions. This level of documentation will clearly substantiate your claim that the values provided are well-founded and accurate.
Having a professional appraisal report from Kennedy Appraisals gives the executor irrefutable facts and figures to work with in exceeding IRS and Michigan state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever challenged.