Megunticook Appraisal, LLC understands 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 deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone left behind. Lawyers and accountants rely on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Generally, the parties involved will have differing requirements of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. In relation to our experience in working with the courts and other agencies, we write reports that always outdo all expectations. Contact us promptly to discuss your explicit estate appraisal specifications and how we can put our experience to work for you. Generally, settling an estate necessitates an accurate appraisal report to suggest fair market value for the property to the satisfaction of the parties involved. We sympathize that in times like this, ordering an appraisal is the furthest thought from your mind. Due to this, often the time of death differs from the date the appraisal is ordered. Megunticook Appraisal, LLC assures that our appraisers are accustomed to the procedures and requirements needed by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, ensuring the highest degree of discretion for all parties involved. Many people do not understand that the IRS needs reports filed to support the numbers involved in estate sales. One of the most essential requirements in an appraisal is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. In having a report supported by Megunticook Appraisal, LLC's professional appraisers, you will have the understanding that the numbers displayed in the appraisal will certainly demonstrate to the ME agencies that the numbers used are accurate and substantiated. An executor will be ecstatic by an appraisal by Megunticook Appraisal, LLC which will give him solid facts and numbers to deal with the IRS and ME state agencies' requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever challenged. Opinions of value shown in documents provided to the revenue authorities absolutely should be supported by an accurate report as to how the appraiser came to his conclusions. |