profile picture

Property Valuations for Estate Settlement by Crest Appraisal Services

Settling an estate is an important and sometimes stressful 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 respect to the feelings of everyone left behind.

Attorneys and accountants rely on our ideals when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. There are specific needs for everyone; we realize these necessities and are familiar to dealing with all parties involved. We create appraisal reports that transcend the needs of the courts and different agencies.

Contact us promptly to discuss your explicit estate appraisal specifications and how we can put our experience to work for you.

Settling an estate generally requires an appraisal to establish fair market value for the estate affected. We understand that in times like this, even thinking about an appraisal is the furthest thought from your mind. Due to this, it is possible that the time of death differs from the time the appraisal is requested. Our company is knowledgeable about the procedures and requirements obligatory to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, ensuring the strongest degree of privacy for you.

Often, people do not fully acknowledge the necessity in having a full appraisal report prepared in support of the numbers shown in general documents filed with revenue authorities.

An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. In having a report backed by Crest Appraisal Services's expert appraisers, you will have the understanding that the numbers displayed in the appraisal will definitely demonstrate to the WA agencies that the numbers used are well founded and substantiated.

Having a professional report from Crest Appraisal Services gives the executor irrefutable facts and figures to work with in meeting IRS and WA state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal report if it is ever refuted.

One of the most essential requirements in an appraisal report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion.