Appraisals for Estate Settlement by The Appraisal Firm
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 deceased as quickly and exactly as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.
Attorneys and accountants count on our conduct when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. We realize their needs and are accustomed to dealing with all parties involved. In relation to our experience in dealing with attorneys and accountants and other agencies, we assemble appraisal reports that definitely exceed all expectations.
Contact us today to discuss your individual estate appraisal essentials and how we can put our knowledge to work for you.
Usually, settling an estate necessitates an extensive appraisal report to suggest fair market value for the home to the satisfaction of the parties involved. We understand that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. Because of this, often there are times that the date of an appraisal report differs from the time of death. The Appraisal Firm assures that our appraisers are accustomed to the procedures and requirements needed by the IRS and CA revenue agencies to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, certifying the fullest degree of privacy for all parties involved.
Most of the time people do not fully appreciate the requirement to have a complete appraisal report produced in support of the numbers being used in general documents filed with the IRS.
Opinions of value displayed in documents provided to the revenue authorities definitely should be backed by an accurate report as to how the appraiser arrived at his conclusions. This sort of report will definitely substantiate your claim that the numbers provided within the report are well-founded and accurate.
The Appraisal Firm ensures an well-founded report, which will provide an executor solid facts and figures that will exceed IRS and revenue agency requirements. There's no need to have anything but peace of mind when getting a report from us, because we will back it no matter what.
Opinions of value shown in documents provided to the revenue authorities absolutely should be backed by an exhaustive report as to how the appraiser came to his conclusions.