Appraisals for Estate Settlement by All City Appraisal
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 promptly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.
Part of All City Appraisal's mission statement is to create top-notch, ethical appraisals that attorneys can depend on. Often, everyone involved will have differing suggestions of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. Because of our experience in dealing with attorneys and accountants and different agencies, we write appraisals that definitely exceed all expectations.
Contact us immediately to discuss your precise estate appraisal requirements and how we can put our knowledge to work for you.
Generally, settling an estate requires an accurate appraisal report to establish fair market value for the property to the satisfaction of the parties involved. We empathize that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. Due to this, sometimes the time of death differs from the time the appraisal is needed. All City Appraisal assures that we are familiar with the procedures and requirements needed by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, ensuring the fullest degree of privacy for you and your family.
People often forget that the IRS needs documents filed to show the numbers involved in estate sales.
A comprehensive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. In having a report supported by All City Appraisal's professional appraisers, you will have the understanding that the numbers shown in the report will clearly demonstrate to the CA agencies that the numbers used are well founded and substantiated.
All City Appraisal guarantees an accurate report, which will give an executor accurate facts and figures that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever refuted.
One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive reason as to how the appraiser came to his conclusion.