Property Valuations for Estate Settlement by Gallagher Appraisal Associates

Settling an estate is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and exactly as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.

Attorneys and accountants rely on our understanding when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. We cater to their needs and are accustomed to dealing with all parties involved. Because of our familiarity in dealing with the legal system and various agencies, we compose appraisal reports that definitely exceed all expectations.

Contact us promptly to discuss your individual estate appraisal requirements and how we can put our business acumen to work for you.

Settling an estate most often depends on an appraisal to show fair market value for the estate affected. We know that in this time of loss, ordering an appraisal report is the furthest thought from your mind. Of course, you need to be there for your loved ones first. Gallagher Appraisal Associates assures that our staff are comfortable with the procedures and requirements needed by the IRS and MD revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, certifying the strongest degree of discretion for all parties involved.

People often forget that the IRS requires reports filed to explain the numbers involved in estate sales.

A comprehensive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. A report of this caliber will certainly demonstrate the evidence that the numbers displayed within the report are well-founded and accurate.

Gallagher Appraisal Associates will provide an accurate appraisal, which will provide an executor accurate facts and numbers that will exceed IRS and 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 provided to the the IRS and MD state agencies absolutely should be backed by an exhaustive report as to how the appraiser came to his conclusions.