Appraisals for Estate Settlement by Mae Sprague

The responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as quickly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone left behind.

Part of Mae Sprague's focus is to provide top-notch, ethical appraisals that attorneys can depend on. We realize their needs and are accustomed to dealing with all parties involved. Among our staff, we are used to working with legal agencies in assembling appraisal reports that exceed their requirements.

Settling an estate generally demands an appraisal to show fair market value for the house therein. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, we understand that the date an appraisal is ordered will be different from the date of death. We are knowledgeable about the systems and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, providing the strongest degree of privacy for you and your loved ones.

The importance of needing an appraisal when working with the IRS to explain income when filing documents is often overlooked by most people.

A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the AK agencies that the numbers used are accurate and correct.

An executor will be over-joyed by an appraisal report by Mae Sprague which will show him solid facts and figures to cooperate with revenue agencies' requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever challenged.

Opinions of value used in documents filed with the the IRS and AK state agencies definitely should be backed by an accurate report as to how the appraiser came to his conclusions.