Patriski & Associates understands the special needs of estate executorsSettling an estate is an important and sometimes stressful task. 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 sympathy to the feelings of everyone left behind. Attorneys and accountants rely on our understanding when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. There are specific needs for everyone; we are sympathetic to these requirements and are comfortable to working with all parties involved. We construct appraisal reports that outdo the needs of the courts and various agencies. Contact us today to discuss your specific estate appraisal essentials and how we can put our experience to work for you. Commonly, settling an estate requires an extensive appraisal report to determine fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Because of this, often there can be times that the effective date of an appraisal report differs from the time of death. We are comfortable with the procedures and requirements necessary to provide a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, ensuring the fullest degree of privacy for you. Most people don't realize that the IRS requires reports filed to express the numbers involved in estate sales. Opinions of value used in documents filed with the revenue authorities absolutely should be supported by a comprehensive report as to how the appraiser acquired his conclusions. This sort of report will clearly demonstrate the evidence that the numbers expressed within the report are well-founded and accurate. Having a professional appraisal report from Patriski & Associates gives the executor definite facts and figures to work with in exceeding IRS and OH state agency requirements. You need not be concerned over anything, because Patriski & Associates will be there to back up our appraisals if they are ever refuted. One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. |