Piscitelli Appraisal Service understands the special needs of estate executors

Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.

Attorneys and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. There are specific needs for everyone; we comprehend these necessities and are acclimated to dealing with all parties involved. In relation to our familiarity in working with the courts and other agencies, we construct reports that always exceed all expectations.

Usually, settling an estate requires an extensive appraisal report to suggest fair market value for the house to the satisfaction of the parties involved. We empathize that when you lose a loved one, acquiring an appraisal report is the furthest thought from your mind. Due to this, there is a chance that the date of death differs from the date the appraisal is required. Our staff is accustomed to the systems and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, guaranteeing the fullest degree of discretion for all parties involved.

Often, people do not fully realize the demand to have a complete appraisal supplied in support of the numbers shown in tax documents filed with revenue authorities.

One of the most important 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. Such a report will definitely demonstrate to the authorities that the numbers used are well-founded and correct.

Piscitelli Appraisal Service guarantees an substantiated appraisal, which will give an executor accurate facts and figures that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever challenged.

An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions.