Estate Settlement Appraisals in MN by Denise Knutson Appraisals

Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as quickly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone left behind.

Part of Denise Knutson Appraisals's company goal is to offer top-notch, ethical appraisals that attorneys can rely on. Generally, all parties will have differing suggestions of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. In our company, we are used to dealing with law offices in composing appraisals that meet their necessities.

Generally, settling an estate requires an detailed appraisal report to ascertain fair market value for the house to the satisfaction of the parties involved. We know that in times like this, ordering an appraisal report is the furthest thought from your mind. So, we understand that the date an appraisal report is needed will differ the date of death. Denise Knutson Appraisals assures that our appraisers are accustomed to the procedures and requirements needed by revenue services to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, certifying the highest degree of privacy for you and your family.

The necessity of owning an appraisal when dealing with the IRS to show income when filing documents is often not considered by most people.

Opinions of value shown in documents provided to the revenue authorities definitely should be backed by a comprehensive report as to how the appraiser acquired his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and correct.

Having a professional appraisal from Denise Knutson Appraisals gives the executor undeniable facts and figures to work with in exceeding IRS and MN state agency requirements. You need not be concerned over anything, because Denise Knutson Appraisals will be there to stand by our appraisals if they are ever refuted.

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