Estate Settlement Appraisals in MN by Genesis Appraisal, Inc.

The job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.

Attorneys and accountants depend on our ideals when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. We are sympathetic to their needs and are familiar with dealing with all parties involved. In our company, we are used to interacting with the courts in composing appraisals that meet their needs.

Settling an estate most often requires an appraisal to establish fair market value for the residential property in question. We sympathize that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. Of course, it's expected that you need to be there for your family first. Genesis Appraisal, Inc. assures that our staff are familiar 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 exact date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, guaranteeing the fullest degree of discretion for you.

People often forget that the IRS needs information filed to support the numbers involved in estate sales.

Opinions of value used in documents provided to the the IRS and MN state agencies absolutely should be backed by a detailed report as to how the appraiser arrived at his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and correct.

Having a professional report from Genesis Appraisal, Inc. gives the executor solid facts and figures to work with in meeting IRS and MN state agency requirements. There's no need to be concerned when getting an appraisal from us, because we will back it no matter what.

A comprehensive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.