Appraisals for Estate Settlement by Michael A. Cahill & AssociatesEstate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the departed as quickly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement. Lawyers and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. There are specific needs for everyone; we understand these needs and are comfortable to dealing with all parties involved. In relation to our experience in working with attorneys and accountants and various agencies, we compose appraisals that always meet all expectations. Contact us as soon as possible to discuss your individual estate appraisal needs and how we can put our business acumen to work for you. Settling an estate most often depends on an appraisal to establish fair market value for the house therein. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, now and then there can be times that the effective date of an appraisal differs from the time of death. We are familiar with the practices and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, certifying the fullest degree of privacy for you. Many people do not understand that the IRS needs reports filed to explain the numbers involved in estate sales. Opinions of value shown in documents provided to the the IRS and OH state agencies absolutely should be backed by a comprehensive report as to how the appraiser arrived at his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and substantiated. Having a professional appraisal from Michael A. Cahill & Associates gives the executor solid facts and figures to work with in exceeding IRS and OH state agency requirements. There's no need to be stressed out when getting a report from us, because we will stand by it no matter what. An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. |