Appraisals for Estate Settlement by All City Appraisal
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 with as much dignity as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.
Lawyers and accountants depend on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. We realize their needs and are familiar with helping with all parties involved. In our company, we are accustomed to interacting with the courts in creating reports that exceed their needs.
Contact us promptly to discuss your explicit estate appraisal requirements and how we can put our business acumen to work for you.
Usually, settling an estate necessitates an detailed appraisal report to show fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. So, we understand that the time an appraisal report is requested will be different from the date of death. Our professional staff is comfortable with the practices and requirements necessary to produce 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) conforms our appraisers to confidentiality, certifying the fullest degree of discretion for all parties involved.
Often, people do not fully acknowledge the requirement to have a full appraisal report prepared in support of the numbers displayed in general documents filed with the IRS and CA state agencies.
An exhaustive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. In having a report backed by All City Appraisal's professional staff, you will have the knowledge that the numbers displayed in the appraisal will clearly demonstrate to the CA agencies that the numbers used are accurate and correct.
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 be concerned when getting a report from All City Appraisal, because we will stand by it no matter what.
One of the most important requirements in an appraisal is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion.