Appraisals for Estate Settlement by
Parkway Appraisals, Inc.

Estate settlement is often stressful, but a very important job. 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 empathy to the feelings of everyone left behind.

Lawyers and accountants count on our ideals when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. There are required needs for everyone; we realize these necessities and are acclimated to dealing with all parties involved. Due to our familiarity in working with the legal system and different agencies, we create reports that definitely exceed all expectations.

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

Usually, settling an estate necessitates an clear appraisal report to determine fair market value for the house to the satisfaction of the parties involved. We understand that when you lose a loved one, ordering an appraisal report is the furthest thought from your mind. So, it's possible the time an appraisal is requested will be different from the date of death. We are knowledgeable about the systems and requirements necessary to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, providing the fullest degree of discretion for all parties involved.

Many people do not understand that the IRS requires documents filed to express the numbers involved in estate sales.

Opinions of value used in documents provided to the the IRS and MN state agencies definitely should be supported by a detailed report as to how the appraiser came to his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well-founded and correct.

Parkway Appraisals, Inc. guarantees an accurate report, which will give an executor accurate facts and figures that will exceed IRS and state agency requirements. There's no need to be concerned when getting an appraisal from Parkway Appraisals, Inc., because we will back it no matter what.

One of the most essential requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.