Property Valuations for Estate Settlement by PSM Appraisals, LLC

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 promptly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.

Attorneys and accountants count on our ideals when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. We cater to their needs and are used to dealing with all parties involved. We write appraisal reports that meet the obligations of the legal system and assorted agencies.

Usually, settling an estate requires an clear appraisal report to ascertain fair market value for the property to the satisfaction of the parties involved. We sympathize that in this time of loss, ordering an appraisal is the furthest thought from your mind. So, we understand that the date an appraisal report is needed will deviate the date of death. PSM Appraisals, LLC assures that our staff are familiar with the procedures and requirements needed by the IRS and NY revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, certifying the fullest degree of privacy for you and your loved ones.

Many people do not understand that the IRS needs information filed to express the numbers involved in estate sales.

An exhaustive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. A report of this caliber will certainly demonstrate your claim that the numbers provided within the report are well-founded and accurate.

An executor will be satisfied by an appraisal report by PSM Appraisals, LLC which will show him undeniable facts and numbers to cooperate with the IRS and NY state agencies' requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever challenged.

Opinions of value used in documents filed with the the IRS and NY state agencies absolutely should be supported by a comprehensive report as to how the appraiser acquired his conclusions.