Lake Area Appraisal Firm understands the special needs of estate executors

Estate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the departed as promptly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.

Attorneys and accountants rely on our ethics when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. There are specific needs for everyone; we are sympathetic to these requirements and are familiar to dealing with all parties involved. In relation to our familiarity in dealing with the legal system and other agencies, we write appraisal reports that always exceed all expectations.

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

Commonly, settling an estate necessitates an accurate appraisal report to ascertain fair market value for the home to the satisfaction of the parties involved. We understand that in times like this, even thinking about an appraisal report is the furthest thought from your mind. Due to this, it is possible that the time of death differs from the date the appraisal is requested. Our staff is familiar with the procedures and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, guaranteeing the strongest degree of privacy for all parties involved.

The necessity of having an appraisal when working with government agencies to prove income when filing documents is often overlooked by most people.

Opinions of value shown in documents filed with the revenue authorities absolutely should be backed by a detailed report as to how the appraiser arrived at his conclusions. In having a report backed by Lake Area Appraisal Firm's professional appraisers, you will have the knowledge that the numbers shown in the appraisal report will definitely demonstrate to the LA agencies that the numbers used are well founded and correct.

An executor will be over-joyed by a report by Lake Area Appraisal Firm which will provide him solid facts and numbers to deal with revenue agencies' requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever challenged.

One of the most essential requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion.