Lex Appraisals understands the special needs of estate executorsEstate settlement 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 respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone left behind. We've made a name for ourselves in supplying excellent appraisals that attorneys and accountants have come to rely on. There are required needs for everyone; we comprehend these needs and are used to to dealing with all parties involved. In our company, we are used to working with law offices in supplying appraisal reports that meet their demands. Contact us as soon as possible to discuss your unique estate appraisal essentials and how we can put our knowledge to work for you. Commonly, settling an estate necessitates an irrefutable appraisal report to acquire fair market value for the home 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, sometimes the time of death differs from the time the appraisal is requested. Lex Appraisals assures that we are familiar with the procedures and requirements needed by the IRS and NY revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, providing the highest degree of discretion for all parties involved. The importance of having a real estate appraisal when working with the IRS to show income when filing documents is often not considered by most people. Opinions of value used in documents filed with the revenue authorities definitely should be backed by an accurate report as to how the appraiser came to his conclusions. Such a report will certainly demonstrate to the IRS that the numbers used are well-founded and substantiated. Having a professional appraisal report from Lex Appraisals gives the executor irrefutable facts and figures to work with in meeting IRS and NY state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever refuted. One of the most significant requirements in a report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. |