Medina Appraisal Company knows the special needs of estate executors

The job 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 with as much dignity as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved.

Lawyers and accountants rely on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. There are required needs for everyone; we comprehend these necessities and are used to to working with all parties involved. In our company, we are used to working with the courts in providing reports that exceed their needs.

Contact us as soon as possible to discuss your unique estate appraisal essentials and how we can put our experience to work for you.

Generally, settling an estate necessitates an clear appraisal report to suggest fair market value for the property to the satisfaction of the parties involved. We understand that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. Of course, it's expected that you need to be there for your loved ones first. We are familiar with the practices and requirements obligatory to produce 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 ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, providing the fullest degree of privacy for you.

Most of the time people do not fully appreciate the demand to have a complete appraisal report supplied in support of the numbers shown in general documents filed with revenue authorities.

Opinions of value shown in documents filed with the the IRS and OH state agencies absolutely should be backed by a detailed report as to how the appraiser acquired his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are well-founded and correct.

Medina Appraisal Company will provide an substantiated appraisal report, which will give an executor clear facts and numbers that will meet IRS and revenue agency requirements. There's no need to have anything but peace of mind when getting an appraisal from Medina Appraisal Company, because we will support it no matter what.

A comprehensive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions.