Estate Settlement Appraisals in MD by Magee Appraisal Service

Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone in bereavement.

Lawyers and accountants count on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Generally, everyone involved will have differing ideas of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. We furnish appraisal reports that out-strip the needs of the courts and other agencies.

Contact us as soon as possible to discuss your specialized estate appraisal needs and how we can put our business acumen to work for you.

Settling an estate most often requires an appraisal to establish fair market value for the home in question. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Of course, it's imperative to take care of your family first. Magee Appraisal Service assures that we are comfortable with the procedures and requirements needed by the IRS and MD revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, ensuring the strongest degree of discretion for you and your loved ones.

The importance of needing an appraisal when working with revenue services to explain income when filing documents is often not considered by most people.

Opinions of value used in documents filed with the the IRS and MD state agencies definitely should be supported by a comprehensive report as to how the appraiser arrived at his conclusions. This sort of report will clearly demonstrate the evidence that the numbers displayed within the report are well-founded and accurate.

An executor will be over-joyed by an appraisal report by Magee Appraisal Service which will provide him undeniable facts and numbers to deal with revenue agencies' requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal if it is ever challenged.

One of the most necessary requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.




profile picture