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  Estate or Retrospective:

Settling an estate usually requires an appraisal to establish fair market value for the residential property involved. Many times, an attorney will want an appraisal for two different dates, the date of death and the date that is six months following the date of death. We are familiar with the procedures and requirements necessary to perform these types of appraisals, all in conformance with the Uniform Standards of Professional Appraisal Practice (USPAP), which requires us to perform appraisals in complete confidentiality. Opinions of value used in documents filed with governmental agencies need to be supported by a detailed report as to how the appraiser arrived at his conclusions. Having a professional appraisal gives the executor solid facts and figures to work with in meeting IRS and state agency requirements.
 

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