Appraisals for Estate Settlement by Brady Appraisal ServicesThe responsibility of settling an estate, often a source of stress, is not to be taken lightly. As an executor or personal representative, you've been given the authority to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on Brady Appraisal Services to respond quickly and with as much respect to the feelings of everyone involved.
We've made it our company's goal in producing the best appraisals that attorneys and accountants have come to depend on. There are specific needs for everyone; we are sympathetic to these requirements and are familiar with collaborating with all parties involved. We assemble appraisal reports that transcend the obligations of the legal system and various groups.
Usually, settling an estate requires an extensive appraisal report to ascertain market value for the property 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, sometimes the time of death differs from the date the appraisal is required. We are knowledgeable about the practices and requirements necessary to perform a retrospective appraisal with an effective date and market value estimate matching the exact date your loved one passed away. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, certifying the fullest degree of discretion for you and your loved ones.
The importance of needing a real estate appraisal when cooperating with government agencies to show income when filing documents is often not considered by most people.
Opinions of value displayed in documents filed with the IRS and Maryland agencies definitely should be supported by a comprehensive report as to how the appraiser acquired his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are accurate and correct.
An executor or personal representative will be overjoyed by a report by Brady Appraisal Services which will give him solid facts and numbers to deal with the IRS and Maryland state agencies' requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever challenged.