Salvatore Appraisals, LLC understands the special needs of estate executorsEstate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved. Lawyers and accountants rely on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. There are required needs for everyone; we comprehend these necessities and are comfortable to working with all parties involved. We produce appraisal reports that outdo the obligations of the legal system and other groups. Contact us as soon as possible to discuss your specific estate appraisal specifications and how we can put our knowledge to work for you. Settling an estate usually requires an appraisal to acquire fair market value for the home affected. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, often there are times that the effective date of an appraisal differs from the time of death. Our professional staff is familiar with the procedures and requirements necessary to produce a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, providing the highest degree of discretion for you and your loved ones. The necessity of owning an appraisal report when dealing with revenue services to prove income when filing documents is often overlooked by most people. A comprehensive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. In having a report backed by Salvatore Appraisals, LLC's expert appraisers, you will have the understanding that the numbers provided in the appraisal report will certainly demonstrate to the IRS that the numbers used are accurate and substantiated. Having a professional report from Salvatore Appraisals, LLC gives the executor solid facts and figures to work with in meeting IRS and MD state agency requirements. You need not be concerned over anything, because we will be there to support our appraisals if they are ever challenged. Opinions of value used in documents filed with the revenue authorities definitely should be supported by an exhaustive report as to how the appraiser arrived at his conclusions. |