Estate Settlement Appraisals in NY by Belmont Properties

The job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as promptly and with as much dignity as possible. You can count on us to act quickly and with as much respect to the feelings of everyone involved.

Attorneys and accountants depend on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. We cater to their needs and are accustomed to helping with all parties involved. We assemble appraisal reports that transcend the requirements of the legal system and different groups.

Settling an estate generally demands an appraisal to suggest fair market value for the home affected. We sympathize that in this time of loss, acquiring an appraisal is the furthest thought from your mind. Because of this, now and then there will be times that the effective date of an appraisal deviates from the time of death. Belmont Properties assures that our appraisers are comfortable with the procedures and requirements needed by revenue services to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, assuring the highest degree of privacy for you and your loved ones.

Many people do not understand that the IRS requires documents filed to support 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 the evidence that the numbers expressed within the report are well-founded and accurate.

Belmont Properties guarantees an detailed appraisal, which will give an executor accurate facts and numbers that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever challenged.

An exhaustive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.