Estate Settlement Appraisals in CA 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 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 worth being placed on real property. Usually, all parties will have different requirements of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. Because of our experience in working with the legal system and different agencies, we produce reports that definitely transcend all expectations.
Contact us as soon as possible to discuss your explicit estate appraisal needs and how we can put our business acumen to work for you.
Generally, settling an estate necessitates an extensive appraisal report to establish fair market value for the property to the satisfaction of the parties involved. We empathize that in this time of loss, even thinking about an appraisal report is the furthest thought from your mind. So, we understand that the date an appraisal report is ordered will differ the date of death. Our staff is accustomed to the procedures and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our staff to confidentiality, providing the strongest degree of privacy for all parties involved.
Many times, people do not fully acknowledge the necessity in having a detailed appraisal prepared in support of the numbers being used in general documents filed with the IRS.
Opinions of value displayed in documents filed with the the IRS and CA state agencies definitely should be backed by an accurate report as to how the appraiser acquired his conclusions. Such a report will clearly demonstrate to the authorities that the numbers used are accurate and substantiated.
Having a professional appraisal from All City Appraisal gives the executor solid facts and figures to work with in going beyond IRS and CA state agency requirements. You need not worry over anything, because we will be there to support our appraisals if they are ever challenged.
Opinions of value displayed in documents provided to the the IRS and CA state agencies definitely should be supported by a detailed report as to how the appraiser acquired his conclusions.