Settling an estate after the death of a family member 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 appraisals when calculating real property values for estates and trusts. 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 establish Fair Market Value for the residential property involved. Often, the date of death differs from the date the appraisal is requested. In this case, the valuation is called a Retrospective Date of Value Appraisal, which means a Date that is in the past. We are familiar with the procedures and requirements necessary to perform a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of death. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest 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.

Having a professional appraisal gives the executor and beneficiaries solid facts and figures to work with.

You can be sure that our firm is fully aware of the importance of producing professional valuations.

Telephone: 201-722-8671
Fax: 201-722-8673

EMAIL:  michaelfilip@filipvaluation.com

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