Estate Appraisals

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Settling a New York or Connecticut estate 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 Greco Appraisals to act quickly and with sensitivity to the feelings of everyone involved.

Attorneys and Accountants rely on our values when calculating New York or Connecticut real property values for estates, divorces, or other disputes requiring a value being placed on real property. We understand their needs and are used to dealing with all parties involved. We provide New York appraisal reports that meet the requirements of the courts and various agencies.

Settling a New York 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. We are familiar with the procedures and requirements necessary to perform a retroactive New York or Connecticut 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 New York or Connecticut real estate appraisal prepared in support of the numbers being used in documents filed with revenue authorities.

Opinions of value used in documents filed with the revenue authorities should be supported by a detailed report as to how the appraiser arrived at his conclusions. Such a report will certainly demonstrate to the authorities that the numbers used are well founded and substantiated.

Having a professional appraisal gives the executor solid facts and figures to work with in meeting IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is challenged. Call Christopher Greco Appraisal Services Inc for further information.

Christopher Greco Appraisal Services, Inc. provides Bronx estate appraisals, Queens estate appraisals, Brooklyn estate appraisals, Manhattan estate appraisals, Staten Island estate appraisals, Westchester County estate appraisals, Rockland County estate appraisals, Nassau County estate appraisals, Suffolk County estate appraisals as well as Putnam and Orange County estate appraisals. We also provide appraisal services throughout Fairfield County, CT. 

Please contact Christopher Greco Appraisal Services, Inc for any of your New York Estate and/or Divorce planning appraisal needs.

 

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