Appraisals for Estate Settlement by Erdman Appraisal

Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.

We've made it our company's goal in producing excellent appraisals that attorneys and accountants have come to depend on. Often, everyone involved will have different ideas of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. Because of our familiarity in working with the legal system and various agencies, we furnish appraisal reports that definitely meet all expectations.

Commonly, settling an estate necessitates an irrefutable appraisal report to suggest fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Because of this, now and then there are times that the date of an appraisal report deviates from the date of your loss. We are knowledgeable about the procedures and requirements needed to provide 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) keeps us to confidentiality, ensuring the fullest degree of discretion for you.

Many people do not understand that the IRS requires reports filed to show the numbers involved in estate sales.

One of the most necessary requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the authorities that the numbers used are accurate and correct.

An executor will be over-joyed by an appraisal by Erdman Appraisal which will provide him irrefutable facts and figures to cooperate with the IRS and MO state agencies' requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever refuted.

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