Property Valuations for Estate Settlement by John Miller Appraisal CompanySettling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement. Part of John Miller Appraisal Company's mission statement is to supply top-notch, ethical appraisals that attorneys can depend on. There are specific needs for everyone; we realize these necessities and are acclimated to working with all parties involved. In relation to our experience in working with the legal system and different agencies, we create appraisals that definitely transcend all expectations. Contact us immediately to discuss your specific estate appraisal requirements and how we can put our business acumen to work for you. Settling an estate most often requires an appraisal to establish fair market value for the property in question. We understand that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. Because of this, often there can be times that the effective date of an appraisal report differs from the date of your loss. Our professional staff is knowledgeable about the practices and requirements obligatory to produce 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 our staff to confidentiality, ensuring the strongest degree of privacy for all parties involved. Many people do not understand that the IRS requires documents filed to support the numbers involved in estate sales. Opinions of value shown in documents filed with the the IRS and MI state agencies definitely should be supported by a detailed report as to how the appraiser came to his conclusions. Such a report will definitely demonstrate to the MI agencies that the numbers used are well-founded and correct. An executor will be ecstatic by an appraisal by John Miller Appraisal Company which will provide him solid facts and numbers to deal with the IRS and MI state agencies' requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever challenged. A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. |