Midwest Valuation, L.L.C. knows the special needs of estate executorsEstate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the departed as promptly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind. Attorneys and accountants rely on our ethics when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. There are specific needs for everyone; we realize these requirements and are familiar to working with all parties involved. We create appraisal reports that surpass the needs of the legal system and other agencies. Contact us immediately to discuss your personal estate appraisal specifications and how we can put our business acumen to work for you. Settling an estate commonly depends on an appraisal to ascertain fair market value for the home involved. We sympathize 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 date of an appraisal report deviates from the date of your loss. Our company is knowledgeable about the systems and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, certifying the fullest degree of discretion for you and your family. The necessity of needing an appraisal report when dealing with revenue services to explain income when filing documents is often unknown by most people. Opinions of value used in documents provided to the the IRS and MN state agencies definitely should be supported by an exhaustive report as to how the appraiser came to his conclusions. This sort of report will clearly substantiate the evidence that the numbers provided within the report are well-founded and accurate. Having a professional appraisal report from Midwest Valuation, L.L.C. gives the executor undeniable facts and figures to work with in meeting IRS and MN state agency requirements. You need not worry over anything, because we will be there to support our reports if they are ever challenged. One of the most essential requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. |