Appraisals for Estate Settlement by WalshStreet Appraisals
The job of settling an estate, often a source of stress 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 in bereavement.
Lawyers and accountants depend on our ethics 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 comprehend these needs and are acclimated to working with all parties involved. In relation to our experience in dealing with attorneys and accountants and different agencies, we provide reports that definitely meet all expectations.
Contact us today to discuss your individual estate appraisal demands and how we can put our business acumen to work for you.
Settling an estate generally demands an appraisal to acquire fair market value for the property in question. We understand that in times like this, even thinking about an appraisal report is the furthest thought from your mind. Due to this, often the time of death differs from the date the appraisal is ordered. WalshStreet Appraisals assures that we are comfortable with the procedures and requirements needed by the IRS and CA revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, ensuring the highest degree of privacy for you and your loved ones.
Many times, people do not fully comprehend the demand to have a complete appraisal report produced in support of the numbers displayed in general documents filed with the IRS.
One of the most necessary 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. A report of this caliber will clearly show the evidence that the numbers provided within the report are well-founded and accurate.
WalshStreet Appraisals ensures an detailed appraisal, which will give an executor solid facts and figures that will exceed IRS and state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever challenged.
A comprehensive report showing the appraiser's opinion of value is important to back the methods the appraiser used to come to his conclusions.