Coastal Appraisals 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 deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.

Part of Coastal Appraisals's company goal is to provide top-notch, ethical appraisals that attorneys can depend on. We cater to their needs and are acclimated to dealing with all parties involved. We compose appraisal reports that surpass the requirements of the courts and different groups.

Usually, settling an estate necessitates an irrefutable appraisal report to acquire fair market value for the property to the satisfaction of the parties involved. We know that in this time of loss, ordering an appraisal is the furthest thought from your mind. Of course, you need to comfort your family first. Coastal Appraisals assures that we are accustomed to the procedures and requirements requested by revenue services to produce 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, providing the highest degree of privacy for you.

All too often, people do not fully understand the requirement to have a comprehensive appraisal produced in support of the numbers being used in general documents filed with the IRS.

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

Having a professional appraisal from Coastal Appraisals gives the executor definite facts and figures to work with in going beyond IRS and MD state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever refuted.

Opinions of value shown in documents filed with the the IRS and MD state agencies absolutely should be backed by a comprehensive report as to how the appraiser arrived at his conclusions.