All City Appraisal knows the special needs of estate executors
Estate settlement 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 sensitivity to the feelings of everyone left behind.
Attorneys and accountants count on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Generally, everyone involved will have different requirements of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. In relation to our experience in dealing with the legal system and various agencies, we supply reports that always exceed all expectations.
Contact us today to discuss your explicit estate appraisal requirements and how we can put our experience to work for you.
Settling an estate usually requires an appraisal to establish fair market value for the home therein. We know that in times like this, acquiring an appraisal report is the furthest thought from your mind. Of course, you need to take care of your family first. All City Appraisal assures that our appraisers are accustomed to the procedures and requirements requested by the IRS and CA revenue agencies to produce a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, certifying the strongest degree of discretion for you.
Often, people do not fully understand the necessity in having a full appraisal supplied in support of the numbers being used in tax documents filed with the IRS and CA state agencies.
An accurate report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. In having a report supported by All City Appraisal's professional staff, you will have the knowledge that the numbers provided in the appraisal report will definitely demonstrate to the CA agencies that the numbers used are well founded and substantiated.
An executor will be over-joyed by an appraisal report by All City Appraisal which will provide him solid facts and figures to work with the IRS and CA state agencies' requirements. You need not worry over anything, because All City Appraisal will be there to support our work if they are ever challenged.
Opinions of value displayed in documents provided to the revenue authorities absolutely should be backed by a comprehensive report as to how the appraiser came to his conclusions.