Estate Settlement Appraisals in NY by MG Appraisal Services

Estate settlement is an important and sometimes stressful task. 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 understanding to the feelings of everyone left behind.

We've made it our company's goal in supplying the best appraisals that lawyers and accountants have come to depend on. We understand their needs and are acclimated to working with all parties involved. Due to our familiarity in dealing with the courts and different agencies, we compose appraisal reports that definitely meet all expectations.

Contact us today to discuss your individual estate appraisal essentials and how we can put our business acumen to work for you.

Settling an estate most often depends on an appraisal to establish fair market value for the house therein. It's understandable that thinking about an appraisal is the farthest thought from your mind. Of course, it's imperative to be there for your family first. MG Appraisal Services assures that we are familiar with the procedures and requirements requested by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, providing the fullest degree of privacy for you.

Many times, people do not fully appreciate the importance in having an intricate appraisal supplied in support of the numbers displayed in tax documents filed with revenue authorities.

One of the most important requirements in a report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. This sort of report will certainly substantiate the evidence that the numbers expressed within the report are well-founded and accurate.

An executor will be over-joyed by a report by MG Appraisal Services which will show him irrefutable facts and numbers to work with the IRS and NY state agencies' requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever challenged.

Opinions of value used in documents provided to the the IRS and NY state agencies definitely should be supported by a detailed report as to how the appraiser came to his conclusions.