![]() Appraisals for Estate Settlement by Jeff PenniniThe task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind. We've made a name for ourselves in providing excellent appraisals that attorneys and accountants have come to rely on. Sometimes, the parties involved will have differing requirements of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. We construct appraisal reports that meet the necessities of the courts and other groups. Contact us today to discuss your precise estate appraisal specifications and how we can put our business acumen to work for you. Settling an estate commonly requires an appraisal to determine fair market value for the estate involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Of course, you need to take care of your family first. Our staff is comfortable with the procedures and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, assuring the highest degree of discretion for you and your loved ones. The requirement of owning a real estate appraisal when dealing with government agencies to prove income when filing documents is often misunderstood by most people. A comprehensive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the MA agencies that the numbers used are accurate and correct. Having a professional appraisal report from Jeff Pennini gives the executor definite facts and figures to work with in going beyond IRS and MA state agency requirements. There's no need to be stressed out when getting a report from Jeff Pennini, because we will support it no matter what. Opinions of value displayed in documents filed with the the IRS and MA state agencies absolutely should be backed by a detailed report as to how the appraiser came to his conclusions. |