![]() Property Valuations for Estate Settlement by William M. Mills AppraisalsThe task 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 swiftly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement. Part of William M. Mills Appraisals's mission statement is to produce top-notch, ethical appraisals that lawyers can depend on. There are specific needs for everyone; we comprehend these requirements and are familiar to dealing with all parties involved. We provide appraisal reports that out-strip the obligations of the courts and various groups. Contact us today to discuss your specific estate appraisal needs and how we can put our experience to work for you. Settling an estate generally demands an appraisal to show fair market value for the property therein. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Due to this, it is possible that the time of death differs from the time the appraisal is required. Our company is comfortable with the procedures and requirements necessary to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, guaranteeing the strongest degree of discretion for all parties involved. Most people don't realize that the IRS requires reports filed to support the numbers involved in estate sales. An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. This sort of report will definitely show your claim that the numbers expressed within the report are well-founded and accurate. Having a professional appraisal from William M. Mills Appraisals gives the executor undeniable facts and figures to work with in going beyond IRS and OR state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever challenged. An exhaustive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. |