Appraisals for Estate Settlement by Appraisal West
The responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly 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 left behind.
Lawyers and accountants depend on our understanding when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. There are specific needs for everyone; we realize these requirements and are familiar to working with all parties involved. In relation to our familiarity in working with attorneys and accountants and various agencies, we compose appraisals that always outdo all expectations.
Contact us immediately to discuss your personal estate appraisal essentials and how we can put our experience to work for you.
Usually, settling an estate requires an extensive appraisal report to acquire fair market value for the house to the satisfaction of the parties involved. We sympathize that in this time of loss, acquiring an appraisal report is the furthest thought from your mind. Due to this, now and then the date of death differs from the time the appraisal is needed. Our company is accustomed to the systems and requirements needed to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, providing the highest degree of discretion for you and your family.
Many times, people do not fully appreciate the need to have a comprehensive real estate appraisal supplied in support of the numbers shown in tax documents filed with the IRS and CA state agencies.
One of the most important requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. In having a report backed by Appraisal West's professional staff, you will have the peace of mind that the numbers provided in the report will clearly demonstrate to the CA agencies that the numbers used are well founded and substantiated.
Appraisal West ensures an substantiated appraisal report, which will give an executor clear facts and figures that will exceed IRS and state agency requirements. You need not worry over anything, because Appraisal West will be there to stand by our work if they are ever challenged.
An accurate report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.