Prumo Appraisal Service knows the special needs of estate executors
Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as quickly 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 involved.
We've made a name for ourselves in supplying excellent appraisals that lawyers and accountants have come to depend on. There are specific needs for everyone; we are sympathetic to these needs and are familiar to working with all parties involved. In our company, we are used to working with legal agencies in creating appraisal reports that exceed their demands.
Contact us today to discuss your exact estate appraisal requirements and how we can put our business acumen to work for you.
Settling an estate most often depends on an appraisal to determine fair market value for the home in question. We empathize that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. Due to this, sometimes the time of death differs from the date the appraisal is required. Prumo Appraisal Service assures that we are familiar with the procedures and requirements needed by the IRS and NY revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, assuring the fullest degree of privacy for you and your family.
People often forget that the IRS requires reports filed to express the numbers involved in estate sales.
Opinions of value shown in documents provided to the the IRS and NY state agencies absolutely should be supported by a detailed report as to how the appraiser arrived at his conclusions. This sort of report will definitely demonstrate your claim that the numbers provided within the report are well-founded and accurate.
An executor will be satisfied by a report by Prumo Appraisal Service which will show him solid facts and figures to cooperate with the IRS and NY 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.
Opinions of value shown in documents provided to the revenue authorities absolutely should be backed by a comprehensive report as to how the appraiser came to his conclusions.