McCormick, Seaman & Terrana understands the special needs of estate executors

Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and respectfully as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.

Part of McCormick, Seaman & Terrana's drive is to offer top-notch, ethical appraisals that attorneys can rely on. We cater to their needs and are acclimated to working with all parties involved. Among our staff, we are used to working with law offices in writing appraisals that out-strip their demands.

Settling an estate usually depends on an appraisal to suggest fair market value for the house affected. We empathize that in times like this, ordering an appraisal is the furthest thought from your mind. So, there's a chance the date an appraisal report is requested will be different from the date of death. McCormick, Seaman & Terrana assures that our staff are familiar with the procedures and requirements needed by the IRS and FL revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, guaranteeing the fullest degree of discretion for all parties involved.

Most of the time people do not fully acknowledge the requirement to have an intricate appraisal produced in support of the numbers shown in tax documents filed with the IRS and FL state agencies.

An exhaustive report showing the appraiser's opinion of value is necessary 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 accurate and correct.

Having a professional appraisal from McCormick, Seaman & Terrana gives the executor solid facts and figures to work with in meeting IRS and FL state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever refuted.

Opinions of value displayed in documents provided to the the IRS and FL state agencies absolutely should be backed by a detailed report as to how the appraiser came to his conclusions.