Estate Settlement Appraisals in MO by Gary Phillips

Settling 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 promptly 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.

Lawyers and accountants depend on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Sometimes, all parties will have their own requirements of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. We provide appraisal reports that outdo the requirements of the courts and assorted groups.

Commonly, settling an estate necessitates an accurate appraisal report to determine fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Of course, you need to take care of your loved ones first. Our professional staff is familiar with the procedures and requirements necessary to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, assuring the highest degree of privacy for all parties involved.

Often, people do not fully realize the requirement to have a full appraisal report produced in support of the numbers displayed in tax documents filed with the IRS and MO state agencies.

Opinions of value used in documents filed with the revenue authorities definitely should be supported by a detailed report as to how the appraiser came to his conclusions. This sort of report will certainly demonstrate the evidence that the numbers within within the report are well-founded and accurate.

Gary Phillips ensures an detailed appraisal, which will provide an executor accurate facts and numbers that will exceed IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever refuted.

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