![]() Estate Settlement Appraisals in NJ by Theresa Misyak, SCRREAEstate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved. Part of Theresa Misyak, SCRREA's company goal is to offer top-notch, ethical appraisals that attorneys can depend on. Sometimes, the parties involved will have differing suggestions of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. We create appraisal reports that transcend the necessities of the legal system and other groups. Contact us immediately to discuss your explicit estate appraisal essentials and how we can put our knowledge to work for you. Generally, settling an estate necessitates an detailed appraisal report to ascertain fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Due to this, now and then the date of death differs from the time the appraisal is needed. Theresa Misyak, SCRREA assures that our staff are accustomed to the procedures and requirements requested by the IRS and NJ revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, ensuring the strongest degree of discretion for you. People often forget that the IRS needs documents filed to explain the numbers involved in estate sales. One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. This sort of report will clearly demonstrate the evidence that the numbers provided within the report are well-founded and accurate. Having a professional appraisal from Theresa Misyak, SCRREA gives the executor undeniable facts and figures to work with in meeting IRS and NJ state agency 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. Opinions of value used in documents filed with the the IRS and NJ state agencies definitely should be backed by an exhaustive report as to how the appraiser came to his conclusions. |