Timothy Abakan understands the special needs of estate executors

The task of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.

Lawyers and accountants depend on our conduct when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. There are specific needs for everyone; we understand these necessities and are used to to working with all parties involved. Due to our familiarity in dealing with the courts and other agencies, we offer reports that definitely exceed all expectations.

Contact us immediately to discuss your precise estate appraisal demands and how we can put our business acumen to work for you.

Usually, settling an estate necessitates an detailed appraisal report to determine fair market value for the house to the satisfaction of the parties involved. We empathize that when you lose a loved one, acquiring an appraisal report is the furthest thought from your mind. So, there's a chance the time an appraisal is needed will deviate the date of death. Timothy Abakan assures that we are knowledgeable about the procedures and requirements needed by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, providing the fullest degree of discretion for all parties involved.

People often forget that the IRS requires reports filed to show the numbers involved in estate sales.

An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the IRS that the numbers used are well-founded and correct.

An executor will be ecstatic by a report by Timothy Abakan which will give him solid facts and numbers to work with revenue agencies' requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever refuted.

One of the most essential requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.