Estate Settlement Appraisals in MN by Tom PetersonEstate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind. Attorneys and accountants depend on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. There are specific needs for everyone; we are sympathetic to these necessities and are acclimated to working with all parties involved. We furnish appraisal reports that meet the requirements of the legal system and various groups. Contact us promptly to discuss your precise estate appraisal essentials and how we can put our business acumen to work for you. Settling an estate commonly depends on an appraisal to acquire fair market value for the residential property therein. It's understandable that thinking about an appraisal is the farthest thought from your mind. Of course, you have to comfort your family first. We are comfortable with the systems and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, certifying the fullest degree of privacy for you and your loved ones. All too often, people do not fully appreciate the requirement to have a complete appraisal produced in support of the numbers being used in tax documents filed with revenue authorities. Opinions of value used in documents filed with the revenue authorities definitely should be backed by an accurate report as to how the appraiser arrived at his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and substantiated. Having a professional appraisal from Tom Peterson gives the executor solid facts and figures to work with in going beyond IRS and MN state agency requirements. There's no need to worry when getting an appraisal from Tom Peterson, because we will support it no matter what. One of the most important requirements in a report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. |