Appraisals for Estate Settlement by Medina Appraisal Company

Estate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the departed as promptly and with as much dignity as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.

Part of Medina Appraisal Company's company goal is to supply top-notch, ethical appraisals that attorneys can rely on. We are sympathetic to their needs and are used to working with all parties involved. In our company, we are used to working with law offices in producing reports that meet their necessities.

Settling an estate generally depends on an appraisal to suggest fair market value for the house in question. We know that in times like this, even thinking about an appraisal report is the furthest thought from your mind. Of course, it's expected that you need to be there for your family first. Medina Appraisal Company assures that our appraisers are familiar with the procedures and requirements needed by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, providing the fullest degree of privacy for all parties involved.

All too often, people do not fully acknowledge the importance in having a complete appraisal produced in support of the numbers displayed in general documents filed with revenue authorities.

A comprehensive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and substantiated.

Having a professional report from Medina Appraisal Company gives the executor definite facts and figures to work with in meeting IRS and OH state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever challenged.

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