Estate Settlement Appraisals in WA by Crest Appraisal Services
Estate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved.
Attorneys and accountants depend on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. Often, all parties will have their own ideas of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. We furnish appraisal reports that exceed the obligations of the legal system and different groups.
Contact us promptly to discuss your unique estate appraisal essentials and how we can put our knowledge to work for you.
Generally, settling an estate necessitates an extensive appraisal report to determine fair market value for the property to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. So, there's a chance the time an appraisal report is needed will be different from the date of death. Our professional staff is accustomed to the procedures and requirements necessary to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, assuring the fullest degree of discretion for you and your family.
All too often, people do not fully realize the necessity in having a comprehensive appraisal report prepared in support of the numbers shown in tax documents filed with revenue authorities.
One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. A report of this caliber will certainly substantiate the evidence that the numbers provided within the report are well-founded and accurate.
Crest Appraisal Services will provide an accurate appraisal report, which will give an executor clear facts and figures that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever challenged.
Opinions of value displayed in documents provided to the revenue authorities definitely should be supported by an exhaustive report as to how the appraiser acquired his conclusions.