Property Valuations for Estate Settlement by Eagle Appraisals

Estate settlement is often stressful, but a very important job. 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 understanding to the feelings of everyone in bereavement.

Part of Eagle Appraisals's mission statement is to offer top-notch, ethical appraisals that lawyers can depend on. There are required needs for everyone; we cater to these needs and are acclimated to dealing with all parties involved. Due to our familiarity in working with attorneys and accountants and other agencies, we provide appraisals that always outdo all expectations.

Settling an estate most often demands an appraisal to determine fair market value for the residential property therein. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, now and then there can be times that the effective date of an appraisal report differs from the date of your loss. Our staff is comfortable with the procedures and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, assuring the highest degree of discretion for you and your loved ones.

Many people do not understand that the IRS needs documents filed to support the numbers involved in estate sales.

Opinions of value displayed in documents provided to the the IRS and MA state agencies absolutely should be backed by a detailed report as to how the appraiser arrived at his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and substantiated.

An executor will be satisfied by a report by Eagle Appraisals which will provide him irrefutable facts and numbers to work with the IRS and MA state agencies' requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever challenged.

One of the most significant requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.