Estate Appraisals and Trust Appraisals

There are several reasons why an estate or trust appraisal could be necessary:

• Estate/financial Planning (laying the foundation for the future)
• Settlement of an estate upon the death of the owner
• Gift tax
• Guardianship or conservatorship

Whether you are an attorney, a CPA, an executor of an estate, or a bereaved relative, the importance of the appraisal valuation and the sensitive nature of the client/appraiser relationship cannot be underestimated.  You can count on Appraisal Trend, LLC™ to act quickly and with sensitivity towards everyone involved.  Our primary goal is to provide you with a detailed and well supported appraisal to meet IRS and state agency requirements.

Interestingly, Executors have been known to ask for the value to be "kept low," presumably to minimize estate taxes. But the tradeoff could potentially be a higher tax basis. Many people are unaware of the stepped up basis and are surprised later when they sell the property several years (or more) after inheriting it. Additionally, you should be aware that estate returns have a high audit rate and there are substantial penalties for improper valuations.  Appraisals are more credible to the IRS than a letter from a real estate agent.

Of course, there are hundreds of appraisers to choose from.  Why choose Appraisal Trend, LLC™?

1.  You want the best...don't you? 

Prior to starting Appraisal Trend, LLC™, Michael Beresin was the Appraisal Quality Manager for a Fortune 500 financial service company.  He is well known as a training innovator with extensive experience with real estate appraisal techniques, market research, trend analysis, property risk assessment, foreclosure, REO, short sale and loss mitigation strategies, complex and high dollar valuations and the ability to find solutions to the toughest appraisal challenges.  You won't find an appraiser more qualified than Michael.  One LinkedIn endorse said this about Michael:

"When describing the word professional, Michael Beresin comes to mind. His dedication to his work is always superior. I have known Michael for 10 years, and in that time I was inspired by his detailed work. I have learned much from him..."

Another endorser stated:

“I am hard pressed to find someone more organized and detail oriented then Michael. With his formative base of appraisal information, tech savvy and command of presentation, Michael was a constant source of data. Michael was counted upon to find solutions to the toughest problems and handled them with great care and attention.."

2.  Local Market Experience and Knowledge

Appraisal Trend, LLC™ has 15 years of appraisal experience.  In addition, we've lived and worked in both Southern New Jersey and Pennsylvania, so we understand these local markets extremely well.  Our coverage area? 

In Pennsylvania:  Philadelphia, Chester County, Delaware county, Montgomery County and Bucks County

In New Jersey:  Camden County, Burlington County, Gloucester County, Salem County and Mercer County

In Delaware:  New Castle County

3.  Integrity and Honesty

A "LinkedIn" endorser described Michael Beresin as being:

"One of the most ethical and passionate professionals that I have worked with in my 20 years..."

See Michael's LinkedIn profile and endorsements at http://linkedin.com/in/michaelberesin

4.  Service and Communication

We believe our level of customer service and communication to be unmatched in the Delaware Valley.  One endorser said of Michael:

"His customer service skills are second to none and he never loses sight of this..."

Need more information?  Visit our company profile or our Market Trends page, where we track real estate trends for several different market areas in Philadelphia and the surrounding area...or call us today!