Frigoletto & Associates Inc. understands the special needs of estate executors
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and with as much dignity as possible. You can count on us to act quickly and with as much respect to the feelings of everyone in bereavement.
Part of Frigoletto & Associates Inc.'s drive is to supply top-notch, ethical appraisals that lawyers can depend on. Often, everyone involved will have different ideas of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. In our company, we are used to interacting with the courts in writing appraisal reports that surpass their necessities.
Contact us immediately to discuss your exact estate appraisal requirements and how we can put our business acumen to work for you.
Settling an estate generally requires an appraisal to establish fair market value for the residential property therein. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. Because of this, often there will be times that the date of an appraisal deviates from the date of your loss. Frigoletto & Associates Inc. assures that our staff are comfortable with the procedures and requirements needed by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our company to confidentiality, ensuring the strongest degree of discretion for you and your family.
People often forget that the IRS requires information filed to express the numbers involved in estate sales.
One of the most significant requirements in a report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. This sort of report will definitely show your claim that the numbers expressed within the report are well-founded and accurate.
Having a professional appraisal from Frigoletto & Associates Inc. gives the executor solid facts and figures to work with in meeting IRS and MA state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever challenged.
A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.