Estate Settlement Appraisals in CA by Appraisal-One
The task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as quickly and respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved.
We've made a name for ourselves in providing excellent appraisals that attorneys and accountants have come to rely on. There are required needs for everyone; we comprehend these requirements and are acclimated to working with all parties involved. Because of our experience in dealing with the legal system and different agencies, we compose appraisals that definitely meet all expectations.
Contact us promptly to discuss your unique estate appraisal requirements and how we can put our knowledge to work for you.
Generally, settling an estate requires an extensive appraisal report to suggest fair market value for the home to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Because of this, now and then there will be times that the date of an appraisal report differs from the date of your loss. Appraisal-One assures that we are familiar with the procedures and requirements requested by revenue services to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, certifying the highest degree of privacy for you and your loved ones.
The necessity of owning an appraisal report when cooperating with government agencies to explain income when filing documents is often misunderstood by most people.
One of the most important requirements in an appraisal is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and correct.
An executor will be satisfied by a report by Appraisal-One which will give him irrefutable facts and numbers to work with any legal agency's requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever challenged.
Opinions of value used in documents filed with the revenue authorities definitely should be supported by an accurate report as to how the appraiser acquired his conclusions.