Appraisals for Estate Settlement by All City Appraisal
The task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as quickly and with as much dignity as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.
Part of All City Appraisal's drive is to supply top-notch, ethical appraisals that lawyers can rely on. Often, everyone involved will have their own suggestions of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. Among our staff, we are used to interacting with legal agencies in assembling appraisals that out-strip their needs.
Contact us immediately to discuss your unique estate appraisal requirements and how we can put our knowledge to work for you.
Usually, settling an estate necessitates an detailed appraisal report to establish fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Because of this, now and then there are times that the effective date of an appraisal report deviates from the date of your loss. All City Appraisal assures that we are familiar with the procedures and requirements requested by the IRS and CA revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, assuring the highest degree of discretion for you and your loved ones.
All too often, people do not fully appreciate the requirement to have a complete real estate appraisal produced in support of the numbers being used in general documents filed with the IRS and CA state agencies.
One of the most necessary requirements in an appraisal is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. This sort of report will certainly show the evidence that the numbers within within the report are well-founded and accurate.
Having a professional appraisal from All City Appraisal gives the executor irrefutable facts and figures to work with in meeting IRS and CA state agency requirements. You need not stress over anything, because All City Appraisal will be there to support our work if they are ever challenged.
An exhaustive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.