Galaxy Appraisals 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 swiftly and respectfully as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone left behind.

Lawyers and accountants count on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. There are required needs for everyone; we understand these needs and are comfortable to working with all parties involved. We produce appraisal reports that meet the obligations of the courts and assorted agencies.

Commonly, settling an estate requires an detailed appraisal report to show 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. Because of this, often there will be times that the effective date of an appraisal deviates from the date of your loss. We are comfortable with the practices and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, certifying the strongest degree of privacy for you and your loved ones.

People often forget that the IRS requires information filed to show the numbers involved in estate sales.

One of the most important requirements in an appraisal is an appraiser-backed opinion of value in a detailed explanation as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the MD agencies that the numbers used are well-founded and substantiated.

Having a professional appraisal report from Galaxy Appraisals gives the executor irrefutable facts and figures to work with in meeting IRS and MD state agency requirements. There's no need to be concerned when getting an appraisal from us, because we will support it no matter what.

One of the most necessary requirements in an appraisal report is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion.