Upstate Appraisal Associates knows the special needs of estate executors

The job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as promptly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.

Lawyers and accountants count on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Sometimes, all parties will have their own expectations of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. Among our staff, we are accustomed to interacting with legal agencies in composing appraisal reports that meet their needs.

Settling an estate most often demands an appraisal to acquire fair market value for the residential property involved. We sympathize that in times like this, even thinking about an appraisal is the furthest thought from your mind. So, we understand that the time an appraisal report is needed will deviate the date of death. Upstate Appraisal Associates assures that our staff are accustomed to the procedures and requirements needed by the IRS and NY revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, certifying the strongest degree of discretion for all parties involved.

Many people do not understand that the IRS needs reports filed to support the numbers involved in estate sales.

An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. In having a report supported by Upstate Appraisal Associates's professional staff, you will have the understanding that the numbers displayed in the report will certainly demonstrate to the authorities that the numbers used are well founded and correct.

Upstate Appraisal Associates ensures an substantiated appraisal, which will provide an executor solid facts and numbers that will meet IRS and state agency requirements. You need not be concerned over anything, because Upstate Appraisal Associates will be there to stand by our work if they are ever challenged.

A comprehensive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions.