All City Appraisal knows the special needs of estate executors
Settling an estate 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 exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.
Lawyers and accountants rely on our understanding when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. There are required needs for everyone; we understand these needs and are familiar to dealing with all parties involved. In our company, we are accustomed to interacting with legal agencies in supplying appraisals that surpass their demands.
Contact us immediately to discuss your unique estate appraisal essentials and how we can put our experience to work for you.
Commonly, settling an estate requires an extensive appraisal report to ascertain fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. So, we understand that the date an appraisal report is ordered will not match the date of death. All City Appraisal assures that our appraisers are comfortable 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 exact date you suffered the loss of your loved one. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, ensuring the fullest degree of privacy for you and your family.
Many people do not understand that the IRS needs documents filed to explain the numbers involved in estate sales.
One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. This sort of report will definitely substantiate your claim that the numbers expressed within the report are well-founded and accurate.
Having a professional appraisal from All City Appraisal gives the executor definite facts and figures to work with in meeting IRS and CA state agency requirements. There's no need to worry when getting a report from us, because we will back it no matter what.
An exhaustive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions.