Property Valuations for Estate Settlement by 72 Hour Appraisals
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.
Part of 72 Hour Appraisals's mission statement is to supply top-notch, ethical appraisals that lawyers can depend on. Often, the parties involved will have differing requirements of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. In relation to our familiarity in working with the courts and different agencies, we compose appraisals that definitely exceed all expectations.
Contact us promptly to discuss your exact estate appraisal requirements and how we can put our knowledge to work for you.
Generally, settling an estate necessitates an detailed appraisal report to ascertain fair market value for the property to the satisfaction of the parties involved. We sympathize that when you lose a loved one, even thinking about an appraisal is the furthest thought from your mind. So, there's a chance the date an appraisal is ordered will deviate the date of death. 72 Hour Appraisals assures that we are familiar with the procedures and requirements requested by the IRS and CA revenue agencies 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) keeps us to confidentiality, guaranteeing the fullest degree of discretion for you and your family.
The importance of needing an appraisal when cooperating with revenue services to prove income when filing documents is often not considered by most people.
A comprehensive 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 72 Hour Appraisals's professional staff, you will have the peace of mind that the numbers shown in the report will certainly demonstrate to the authorities that the numbers used are well founded and correct.
Having a professional appraisal report from 72 Hour Appraisals gives the executor definite facts and figures to work with in going beyond IRS and CA state agency requirements. You need not be concerned over anything, because we will be there to back up our appraisals if they are ever refuted.
One of the most significant requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion.