Appraisals for Estate Settlement by Lakes Appraisals, LLCThe job of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and with as much dignity as possible. You can count on us to act quickly and with as much compassion 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. We realize their needs and are familiar with dealing with all parties involved. Due to our familiarity in working with the courts and various agencies, we produce appraisals that definitely exceed all expectations. Contact us as soon as possible to discuss your individual estate appraisal needs and how we can put our experience to work for you. Usually, settling an estate requires an extensive appraisal report to show fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. So, it's possible the date an appraisal is needed will differ the date of death. Lakes Appraisals, LLC assures that our appraisers are familiar with the procedures and requirements requested by the IRS and MN revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, assuring the highest degree of discretion for you and your family. Many people do not understand that the IRS requires documents filed to explain the numbers involved in estate sales. One of the most important requirements in an appraisal report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. This sort of report will certainly show the evidence that the numbers expressed within the report are well-founded and accurate. Having a professional appraisal from Lakes Appraisals, LLC gives the executor definite facts and figures to work with in going beyond IRS and MN state agency requirements. You need not stress over anything, because we will be there to back up our work if they are ever refuted. One of the most significant requirements in a report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. |