Appraisals for Estate Settlement by Appraisal-One
Estate settlement is an important and sometimes stressful task. 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 us to act quickly and with as much respect to the feelings of everyone left behind.
Attorneys and accountants rely on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. There are specific needs for everyone; we understand these requirements and are acclimated to working with all parties involved. Due to our familiarity in dealing with the courts and different agencies, we compose appraisals that definitely outdo all expectations.
Contact us today to discuss your explicit estate appraisal needs and how we can put our business acumen to work for you.
Generally, settling an estate necessitates an clear appraisal report to ascertain fair market value for the home to the satisfaction of the parties involved. We sympathize that in this time of loss, acquiring an appraisal report is the furthest thought from your mind. Because of this, often there will be times that the date of an appraisal differs from the time of death. We are knowledgeable about the procedures and requirements necessary to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, assuring the fullest degree of discretion for you.
Most of the time people do not fully fathom the need to have a complete appraisal report supplied in support of the numbers displayed in tax documents filed with revenue authorities.
One of the most significant requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the authorities that the numbers used are well-founded and correct.
An executor will be satisfied by an appraisal by Appraisal-One which will show him irrefutable facts and figures to deal with the IRS and CA state agencies' requirements. There's no need to be stressed out when getting an appraisal from Appraisal-One, because we will back it no matter what.
Opinions of value displayed in documents filed with the revenue authorities definitely should be supported by a comprehensive report as to how the appraiser arrived at his conclusions.