Team Appraisal understands the special needs of estate executors

Estate settlement 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.

We've made it our company's goal in providing excellent appraisals that lawyers and accountants have come to depend on. We understand their needs and are acclimated to helping with all parties involved. In relation to our familiarity in working with the legal system and other agencies, we compose appraisal reports that definitely transcend all expectations.

Usually, settling an estate necessitates an detailed appraisal report to determine fair market value for the property to the satisfaction of the parties involved. We sympathize that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. So, we understand that the time an appraisal is needed will differ the date of death. Team Appraisal assures that our staff are accustomed to the procedures and requirements needed by the IRS and MI revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, guaranteeing the fullest degree of privacy for all parties involved.

People often forget that the IRS needs reports filed to explain the numbers involved in estate sales.

One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the MI agencies that the numbers used are accurate and substantiated.

An executor will be satisfied by an appraisal report by Team Appraisal which will provide him solid facts and figures to cooperate with revenue agencies' requirements. There's no need to have anything but peace of mind when getting a report from us, because we will stand by it no matter what.

One of the most significant requirements in a report is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.