Medina Appraisal Company understands the special needs of estate executorsThe job 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 respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved. Lawyers and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. Usually, all parties will have their own ideas of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. We offer appraisal reports that exceed the obligations of the legal system and other groups. Contact us as soon as possible to discuss your specific estate appraisal specifications and how we can put our experience to work for you. Settling an estate generally depends on an appraisal to establish fair market value for the estate affected. We understand that in times like this, even thinking about an appraisal is the furthest thought from your mind. Due to this, now and then the time of death differs from the time the appraisal is ordered. Our staff is accustomed to the systems and requirements needed to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, certifying the fullest degree of discretion for you. The requirement of having an appraisal report when dealing with revenue services to prove income when filing documents is often not considered by most people. Opinions of value used in documents provided to the revenue authorities absolutely should be backed by an exhaustive report as to how the appraiser acquired his conclusions. Such a report will definitely demonstrate to the authorities that the numbers used are well-founded and correct. Having a professional report from Medina Appraisal Company gives the executor solid facts and figures to work with in meeting IRS and OH state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever challenged. An exhaustive report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions. |