Property Valuations for Estate Settlement by Summit Appraisal Services

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 deceased as quickly and with as much dignity as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.

Part of Summit Appraisal Services's company goal is to provide top-notch, ethical appraisals that attorneys can depend on. Sometimes, all parties will have different ideas of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. We create appraisal reports that out-strip the obligations of the courts and assorted agencies.

Contact us immediately to discuss your specialized estate appraisal requirements and how we can put our business acumen to work for you.

Generally, settling an estate requires an accurate appraisal report to acquire fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Due to this, there is a chance that the date of death differs from the date the appraisal is needed. Summit Appraisal Services assures that our staff are knowledgeable about the procedures and requirements needed by the IRS and MO revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, providing the highest degree of discretion for you and your loved ones.

The necessity of needing an appraisal report when working with government agencies to show income when filing documents is often overlooked by most people.

An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. This sort of report will certainly show the evidence that the numbers within within the report are well-founded and accurate.

Having a professional appraisal report from Summit Appraisal Services gives the executor irrefutable facts and figures to work with in going beyond IRS and MO 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 revenue authorities definitely should be backed by a detailed report as to how the appraiser acquired his conclusions.