LOUIS FRAGALA understands the special needs of estate executorsThe responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone left behind. Lawyers and accountants depend on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Usually, all parties will have differing expectations of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. We furnish appraisal reports that surpass the requirements of the legal system and different agencies. Contact us immediately to discuss your explicit estate appraisal requirements and how we can put our experience to work for you. Settling an estate most often demands an appraisal to acquire fair market value for the property involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. So, it's possible the time an appraisal is requested will not match the date of death. We are accustomed to the procedures and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, assuring the strongest degree of privacy for all parties involved. Many times, people do not fully fathom the necessity in having an exhaustive real estate appraisal produced in support of the numbers being used in tax documents filed with the IRS and NY state agencies. One of the most necessary requirements in an appraisal is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion. This sort of report will clearly demonstrate the evidence that the numbers provided within the report are well-founded and accurate. LOUIS FRAGALA ensures an substantiated appraisal report, which will provide an executor solid facts and figures that will exceed IRS and state agency requirements. You need not worry over anything, because we will be there to support our work if they are ever refuted. One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. |