Appraisals for Estate Settlement by Rees Appraisal Services Corp.

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 quickly and exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.

We've made a name for ourselves in producing the best appraisals that attorneys and accountants have come to depend on. There are specific needs for everyone; we cater to these needs and are familiar to working with all parties involved. We provide appraisal reports that surpass the obligations of the legal system and different agencies.

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

Usually, settling an estate necessitates an clear appraisal report to determine fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Of course, you have to comfort your loved ones first. Rees Appraisal Services Corp. assures that our appraisers are accustomed to 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 ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, assuring the highest degree of privacy for all parties involved.

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

One of the most significant requirements in a report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the IRS that the numbers used are well-founded and correct.

Rees Appraisal Services Corp. ensures an substantiated report, which will give an executor solid 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 report if it is ever challenged.

Opinions of value displayed in documents filed with the the IRS and NY state agencies definitely should be supported by a detailed report as to how the appraiser arrived at his conclusions.