Appraisals for Estate Settlement by All City Appraisal
Settling an estate is an important and sometimes stressful job. 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 understanding to the feelings of everyone left behind.
Part of All City Appraisal's company goal is to offer top-notch, ethical appraisals that attorneys can rely on. There are required needs for everyone; we cater to these requirements and are familiar to working with all parties involved. Among our staff, we are used to interacting with law offices in composing appraisal reports that surpass their demands.
Contact us immediately to discuss your specialized estate appraisal essentials and how we can put our knowledge to work for you.
Commonly, settling an estate requires an detailed appraisal report to establish fair market value for the home to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Due to this, there is a chance that the date of death differs from the date the appraisal is required. All City Appraisal assures that our appraisers are comfortable with 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 exact date you suffered the loss of your loved one. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, assuring the highest degree of discretion for you.
Often, people do not fully realize the necessity in having an intricate appraisal produced in support of the numbers shown in tax documents filed with the IRS.
Opinions of value displayed in documents filed with the the IRS and CA state agencies definitely should be backed by an accurate report as to how the appraiser came to his conclusions. Such a report will clearly demonstrate to the CA agencies that the numbers used are well-founded and correct.
An executor will be satisfied by a report by All City Appraisal which will show him undeniable facts and numbers to work with the IRS and CA state agencies' 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 challenged.
One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion.