Property Valuations for Estate Settlement by Michael C. Lady Advisors, Inc.

Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.

Attorneys and accountants rely on our ideals when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. We understand their needs and are accustomed to working with all parties involved. We supply appraisal reports that transcend the necessities of the courts and other groups.

Commonly, settling an estate requires an detailed appraisal report to acquire 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. So, there's a chance the time an appraisal is requested will differ the date of death. Our company is accustomed to the practices and requirements obligatory to supply 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 obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, certifying the fullest degree of privacy for you and your family.

Most people don't realize that the IRS requires documents filed to show the numbers involved in estate sales.

One of the most essential requirements in a report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. A report of this caliber will definitely substantiate your claim that the numbers provided within the report are well-founded and accurate.

Having a professional appraisal from Michael C. Lady Advisors, Inc. gives the executor solid facts and figures to work with in going beyond IRS and IN 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.

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