Estate Settlement Appraisals in Minnesota by Jon Arnoldy & AssociatesSettling an estate is an important and sometimes stressful job. It's up to you as a trustee to carry out the wishes of a loved one as quickly and attentively as possible. You can count on us to respond quickly and with as much sensitivity 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 value being determined for real property. There are required needs for everyone; we understand these needs and are comfortable with dealing with all parties involved. Because of our familiarity in dealing with the legal system and other agencies, we create appraisal reports that always exceed all expectations.
Settling an estate commonly requires an appraisal to acquire market value for the estate involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, often there can be times that the effective date of an appraisal report deviates from the date of your loss. Jon Arnoldy & Associates assures that we are familiar with the procedures and requirements needed by revenue services to provide a retrospective appraisal with an effective date and market value estimate matching the date your loved one passed away. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, assuring the fullest degree of discretion for you and your family.
Many people do not understand that the IRS requires documents filed to support the numbers involved in estate sales.
An accurate report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. This sort of report will certainly show the evidence that the values provided are well-founded and accurate.
Having a professional appraisal from Jon Arnoldy & Associates gives the executor definite facts and figures to work with in going beyond IRS and Minnesota state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever refuted.