estate planning and probate

Estate planning 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 exactly as possible. You can count on us to act quickly and with sensitivity to the feelings of everyone involved. Attorneys and accountants rely on our values when calculating real property values for estates, divorces, or other disputes requiring a value placed on real property. We understand their needs and are used to dealing with all parties involved. We provide appraisal reports that meet the requirements of the courts and various agencies. Settling an estate usually requires an appraisal to formulate an Opinion of Market Value for the real estate property(ies) owned by the decedent. It is often the case that the date of death differs from the date the appraisal is requested. We are often engaged to perform retroactive/retrospective appraisals with an effective date matching the date of death, sometimes many years in the past. As always, we are bound by federal regulations ensuring confidentiality and the highest degree of discretion. All too often, people do not fully appreciate the need to have a detailed real estate appraisal prepared in support of the numbers being used in documents filed with revenue authorities. As in most cases, opinions of value in documents filed with the revenue authorities must be supported by a detailed report with realistic and transparent approaches showing how the appraiser arrived at his/her conclusions. The report must demonstrate to the authorities that the methods used are well founded and substantiated, oftentimes to a higher degree than the typical current market value bank appraisal. At InterIsland Appraisal we provide the executor defensible facts and figures to work with in meeting IRS and state agency requirements. We help assure peace of mind to everyone concerned, because we stand behind our appraisals.