Property Appraisals for Estate, Retrospective and DOD Appraisals
We understand settling an estate is an important but stressful time. It’s up to the trustee to carry out the wishes of the deceased quickly, efficiently and with dignity. You can count on us to act fast and with empathy.
Attorneys and accountants count on our expertise when calculating real estate values for estates, divorces, or other disputes requiring a value for real property. Settling an estate most often depends on an appraisal to suggest market value for the residential property in question. It is often the case that the time for which an appraisal is needed will be based on the date of death. We are knowledgeable of the procedures and requirements needed by federal and New York State tax authorities to provide a retrospective appraisal with an effective date and market value estimate matching the exact date of death. We adhere to the Uniform Standards of Professional Appraisal Practice (USPAP) which has the highest degree of ethical requirements and confidentiality, assuring total privacy for you and your loved ones.
Every estate situation is different and the type of appraised value required depends on the particular needs of the estate. This isn’t something you need to worry about as a good attorney or accountant can easily help direct you toward the type of report needed for the estate. Additionally, we’re happy to speak with your attorney or accountant to clarify exactly what’s required for your situation.
We’ll provide you with an accurate report showing the appraiser’s opinion of value along with supporting methods used to arrive to our conclusions. You can have peace of mind knowing that the analysis provided in the report will unquestionably demonstrate to the authorities that the numbers used are well founded and accurate.
Having a professional appraisal gives the executor irrefutable facts and figures to work with. Our reports exceed government agencies requirements.