Property Valuations for Estate Settlement by All City Appraisal
The job of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement.
We've made a name for ourselves in supplying the best appraisals that attorneys and accountants have come to rely on. We comprehend their needs and are familiar with dealing with all parties involved. Because of our experience in working with the courts and various agencies, we compose reports that definitely meet all expectations.
Contact us today to discuss your specific estate appraisal specifications and how we can put our knowledge to work for you.
Settling an estate generally demands an appraisal to show fair market value for the house therein. It's understandable that thinking about getting an appraisal is the farthest thought from your mind. So, it's possible the date an appraisal is requested will not match the date of death. Our staff is familiar with the procedures and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, certifying the fullest degree of privacy for you and your loved ones.
Many times, people do not fully realize the need to have a comprehensive real estate appraisal produced in support of the numbers being used in tax documents filed with the IRS.
Opinions of value used in documents filed with the the IRS and CA state agencies definitely should be supported by an exhaustive report as to how the appraiser acquired his conclusions. This sort of report will certainly show your claim that the numbers displayed within the report are well-founded and accurate.
Having a professional appraisal from All City Appraisal gives the executor undeniable facts and figures to work with in meeting IRS and CA state agency requirements. You need not stress over anything, because we will be there to back up our appraisals if they are ever challenged.
One of the most significant requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.