Pankratz Appraisal Services understands the special needs of estate executorsSettling an estate is often stressful, but a very important job. It's up to you as a trustee to carry out the wishes of the departed as promptly and attentively as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.Lawyers and accountants depend on our ideals when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Generally, the parties involved will have different expectations 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 used to interacting with the courts in providing reports that exceed their requirements.
Commonly, settling an estate necessitates an accurate appraisal report to acquire market value for the home to the satisfaction of the parties involved. We sympathize that in times like this, acquiring an appraisal report is the furthest thought from your mind. So, it's possible the date an appraisal report is requested will be different from the date of death. We are comfortable with the practices and requirements necessary to perform a retrospective appraisal with an effective date and market value estimate matching the date you suffered the loss of your loved one. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, providing the strongest degree of discretion for all parties involved. The importance of owning an appraisal when cooperating with the IRS to explain income when filing documents is often overlooked by most people. One of the most significant requirements in a report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. A report of this caliber will definitely demonstrate your claim that the values provided are well-founded and accurate. Having a professional appraisal report from Pankratz Appraisal Services gives the executor solid facts and figures to work with in going beyond IRS and Montana state agency requirements. You need not worry over anything, because we will be there to stand by our reports if they are ever refuted. |