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 swiftly and respectfully as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.
Part of All City Appraisal's focus is to offer top-notch, ethical appraisals that attorneys can depend on. Sometimes, all parties will have their own ideas of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. In our company, we are accustomed to interacting with law offices in providing appraisal reports that meet their needs.
Contact us promptly to discuss your precise estate appraisal needs and how we can put our experience to work for you.
Generally, settling an estate requires an clear appraisal report to determine fair market value for the property to the satisfaction of the parties involved. We know that when you lose a loved one, acquiring an appraisal is the furthest thought from your mind. So, it's possible the time an appraisal is ordered will not match the date of death. All City Appraisal assures that we are comfortable with the procedures and requirements requested by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, ensuring the fullest degree of privacy for you.
The necessity of needing an appraisal when cooperating with government agencies to prove income when filing documents is often not considered by most people.
One of the most important 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 accurate and substantiated.
Having a professional report from All City Appraisal gives the executor solid facts and figures to work with in meeting IRS and CA state agency requirements. There's no need to have anything but peace of mind when getting a report from us, because we will support it no matter what.
An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions.