Property Valuations for Estate Settlement by All City Appraisal
Settling an estate is an important and sometimes stressful task. 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 respect to the feelings of everyone in bereavement.
We've made it our company's goal in supplying the best appraisals that lawyers and accountants have come to depend on. Sometimes, all parties will have their own suggestions of how the appraisal process should work; however, our experience of the estate process definitely satisfy all parties involved. Among our staff, we are accustomed to dealing with law offices in producing reports that exceed their demands.
Contact us as soon as possible to discuss your explicit estate appraisal essentials and how we can put our knowledge to work for you.
Generally, settling an estate requires an detailed appraisal report to ascertain fair market value for the home to the satisfaction of the parties involved. We empathize that in times like this, acquiring an appraisal report is the furthest thought from your mind. Because of this, often there can be times that the date of an appraisal report differs from the date of your loss. Our staff is comfortable with the systems and requirements necessary to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, assuring the highest degree of discretion for all parties involved.
Many times, people do not fully understand the necessity in having a detailed appraisal report produced in support of the numbers displayed in tax documents filed with revenue authorities.
An exhaustive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the CA agencies that the numbers used are accurate and correct.
An executor will be over-joyed by an appraisal report by All City Appraisal which will show him irrefutable facts and figures to work with revenue agencies' requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever refuted.
Opinions of value shown in documents provided to the the IRS and CA state agencies definitely should be supported by an accurate report as to how the appraiser arrived at his conclusions.