Estate Settlement Appraisals in New York by Tortorella Appraisals, Inc.Estate settlement is an important and sometimes stressful task. It's up to you as a trustee to carry out the wishes of the departed as quickly and respectfully as possible. You can count on us to act expeditiously and with as much respect to the feelings of everyone left behind.
Lawyers and accountants rely on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a value being determined for real property. There are required needs for everyone; we comprehend these necessities and are comfortable with working with all parties involved. In our company, we are accustomed to working with the courts in providing reports that surpass their necessities.
Settling an estate commonly demands an appraisal to acquire market value for the estate involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Of course, it's expected that you need to take care of your loved ones first. Tortorella Appraisals, Inc. assures that our staff is comfortable with the procedures and requirements needed by revenue services to supply a retrospective appraisal with an effective date and market value estimate matching the date you suffered the loss of your loved one. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, certifying the fullest degree of privacy for you and your family.
The necessity of having an appraisal report when dealing with the IRS to prove income when filing documents is often unknown 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. A report of this caliber will clearly show the evidence that the values provided are well-founded and accurate.
Having a professional appraisal from Tortorella Appraisals, Inc. gives the executor solid facts and figures to work with in exceeding IRS and New York state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever challenged.