John Burns Appraisal Services knows the special needs of estate executorsThe job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone left behind. Part of John Burns Appraisal Services's company goal is to produce top-notch, ethical appraisals that lawyers can depend on. We comprehend their needs and are used to helping with all parties involved. Because of our experience in dealing with the legal system and other agencies, we furnish appraisal reports that definitely exceed all expectations. Contact us immediately to discuss your exact estate appraisal essentials and how we can put our business acumen to work for you. Commonly, settling an estate requires an irrefutable appraisal report to show fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. So, there's a chance the date an appraisal report is ordered will differ the date of death. Our professional staff is knowledgeable about the practices and requirements needed 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 stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, providing the fullest degree of discretion for you and your loved ones. Many people do not understand that the IRS requires information filed to show the numbers involved in estate sales. One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the IRS that the numbers used are well-founded and substantiated. Having a professional appraisal report from John Burns Appraisal Services gives the executor solid facts and figures to work with in exceeding IRS and MN 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. An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. |