Estate Settlement Appraisals in OR by Neville + Mercado Associates

The responsibility 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 promptly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.

Lawyers and accountants rely on our conduct when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. There are required needs for everyone; we realize these needs and are comfortable to dealing with all parties involved. Due to our familiarity in working with attorneys and accountants and different agencies, we offer appraisal reports that definitely transcend all expectations.

Usually, settling an estate requires an irrefutable appraisal report to determine fair market value for the property to the satisfaction of the parties involved. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. So, it's possible the time an appraisal is requested will be different from the date of death. Our staff is familiar with the procedures and requirements necessary to produce a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, guaranteeing the highest degree of privacy for all parties involved.

Most people don't realize that the IRS needs documents filed to explain the numbers involved in estate sales.

A comprehensive report showing the appraiser's opinion of value is required to back 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.

Having a professional report from Neville + Mercado Associates gives the executor definite facts and figures to work with in meeting IRS and OR state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever refuted.

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