Appraisals for Estate Settlement by Piscitelli Appraisal Service

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 with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.

Lawyers and accountants depend on our conduct when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. There are specific needs for everyone; we cater to these needs and are acclimated to working with all parties involved. Among our staff, we are accustomed to working with the courts in composing reports that surpass their demands.

Contact us promptly to discuss your individual estate appraisal demands and how we can put our knowledge to work for you.

Commonly, settling an estate necessitates an extensive appraisal report to ascertain fair market value for the house to the satisfaction of the parties involved. We understand that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. Due to this, often the date of death differs from the time the appraisal is needed. Piscitelli Appraisal Service assures that we are comfortable with the procedures and requirements needed by the IRS and revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, ensuring the strongest degree of discretion for all parties involved.

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

A comprehensive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. This sort of report will clearly demonstrate the evidence that the numbers within within the report are well-founded and accurate.

Piscitelli Appraisal Service ensures an accurate appraisal report, which will provide an executor solid facts and numbers that will exceed IRS and state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever refuted.

Opinions of value shown in documents provided to the the IRS and state agencies definitely should be backed by an exhaustive report as to how the appraiser came to his conclusions.