Peak Appraisals, Inc. knows the special needs of estate executorsEstate settlement is often stressful, but a very important job. It's up to you as a trustee to carry out the wishes of a loved one as swiftly and attentively as possible. You can count on us to act expeditiously and with as much sympathy to the feelings of everyone in bereavement.
We've made a name for ourselves in producing excellent appraisals that lawyers and accountants have come to depend on. There are specific needs for everyone; we cater to these requirements and are used to dealing with all parties involved. Among our staff, we are used to working with law offices in assembling appraisal reports that out-strip their necessities.
Settling an estate most often requires an appraisal to suggest market value for the residential property affected. We empathize that in this time of loss, even thinking about an appraisal report is the furthest thought from your mind. Due to this, it is possible that the date of death differs from the time the appraisal is needed. Our company is knowledgeable about the practices and requirements necessary to provide a retrospective appraisal with an effective date and market value estimate matching the exact date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, assuring the strongest degree of discretion for you and your family.
Often, people do not fully understand the demand to have a complete real estate appraisal supplied in support of the numbers shown in tax documents filed with the IRS.
One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion. In having a report supported by Peak Appraisals, Inc.'s professional appraisers, you will have the knowledge that the numbers provided in the appraisal will certainly demonstrate to the IRS that the numbers used are accurate and substantiated.
Having a professional report from Peak Appraisals, Inc. gives the executor undeniable facts and figures to work with in exceeding IRS and Michigan state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever refuted.