Property Valuations for Estate Settlement by Crest Appraisal Services
The job 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 promptly and respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone involved.
Lawyers and accountants count on our ideals when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. Often, everyone involved will have differing requirements of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. In our company, we are accustomed to dealing with law offices in writing reports that surpass their requirements.
Contact us today to discuss your precise estate appraisal needs and how we can put our knowledge to work for you.
Generally, settling an estate necessitates an irrefutable appraisal report to determine fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Due to this, often the time of death differs from the time the appraisal is required. Our staff is comfortable with the procedures and requirements necessary to supply a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, certifying the highest degree of privacy for you and your loved ones.
People often forget that the IRS needs information filed to express the numbers involved in estate sales.
One of the most important requirements in an appraisal report is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the authorities that the numbers used are well-founded and substantiated.
Crest Appraisal Services guarantees an substantiated report, which will give an executor accurate facts and figures that will exceed IRS and revenue agency requirements. You need not be concerned over anything, because we will be there to support our reports if they are ever challenged.
One of the most necessary requirements in an appraisal is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion.