Appraisals for Estate Settlement by PSM Appraisals, LLC

The responsibility of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved.

We've made a name for ourselves in providing excellent appraisals that lawyers and accountants have come to rely on. Generally, everyone involved will have their own suggestions of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. In our company, we are used to dealing with law offices in producing appraisal reports that out-strip their requirements.

Contact us as soon as possible to discuss your specific estate appraisal needs and how we can put our experience to work for you.

Settling an estate usually requires an appraisal to determine fair market value for the property involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, often the date of death differs from the date the appraisal is needed. PSM Appraisals, 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 exact date of death. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, guaranteeing the strongest degree of discretion for you.

Most of the time people do not fully acknowledge the demand to have a detailed appraisal report prepared in support of the numbers displayed in tax documents filed with the IRS.

Opinions of value displayed in documents filed with the the IRS and NY state agencies definitely should be backed by a detailed report as to how the appraiser arrived at his conclusions. This sort of report will certainly demonstrate your claim that the numbers within within the report are well-founded and accurate.

PSM Appraisals, LLC guarantees an substantiated appraisal, which will provide an executor clear facts and figures that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever challenged.

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