Estate Settlement Appraisals in NY by KP Appraisals, Inc.

The responsibility 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 promptly and respectfully as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone in bereavement.

Part of KP Appraisals, Inc.'s mission statement is to create top-notch, ethical appraisals that lawyers can rely on. There are required needs for everyone; we comprehend these necessities and are comfortable to dealing with all parties involved. We create appraisal reports that surpass the necessities of the legal system and different agencies.

Contact us today to discuss your specialized estate appraisal essentials and how we can put our business acumen to work for you.

Generally, settling an estate necessitates an accurate appraisal report to determine fair market value for the home to the satisfaction of the parties involved. We understand that when you lose a loved one, even thinking about an appraisal report is the furthest thought from your mind. Because of this, now and then there will be times that the date of an appraisal report deviates from the date of your loss. KP Appraisals, Inc. assures that our staff are accustomed to the procedures and requirements requested by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, assuring the highest degree of privacy for all parties involved.

People often forget that the IRS requires information filed to express the numbers involved in estate sales.

An accurate 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 certainly demonstrate to the NY agencies that the numbers used are well-founded and substantiated.

Having a professional appraisal report from KP Appraisals, Inc. gives the executor undeniable facts and figures to work with in going beyond IRS and NY state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever challenged.

Opinions of value used in documents filed with the revenue authorities definitely should be supported by a comprehensive report as to how the appraiser arrived at his conclusions.