Joseph Mier & Associates understands the special needs of estate executors
The responsibility 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 swiftly and exactly 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 depend on our understanding when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. We are sympathetic to their needs and are accustomed to working with all parties involved. Among our staff, we are accustomed to dealing with the courts in writing reports that exceed their needs.
Contact us immediately to discuss your personal estate appraisal needs and how we can put our business acumen to work for you.
Settling an estate most often requires an appraisal to determine fair market value for the home in question. We empathize that when you lose a loved one, acquiring an appraisal report is the furthest thought from your mind. Because of this, often there can be times that the effective date of an appraisal report differs from the date of your loss. Joseph Mier & Associates assures that we are accustomed to the procedures and requirements requested by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, ensuring the highest degree of discretion for you and your family.
The importance of having an appraisal report when cooperating with the IRS to show income when filing documents is often overlooked by most people.
One of the most necessary requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the authorities that the numbers used are well-founded and substantiated.
Having a professional appraisal report from Joseph Mier & Associates gives the executor definite facts and figures to work with in meeting IRS and LA 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 displayed in documents filed with the revenue authorities definitely should be supported by a detailed report as to how the appraiser arrived at his conclusions.