Estate Settlement Appraisals in CA by Summit Appraisal, Inc.
Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as quickly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.
We've made it our company's goal in producing top-notch appraisals that lawyers and accountants have come to depend on. There are required needs for everyone; we understand these needs and are acclimated to working with all parties involved. Among our staff, we are accustomed to dealing with the courts in providing reports that out-strip their requirements.
Contact us today to discuss your specific estate appraisal needs and how we can put our business acumen to work for you.
Generally, settling an estate necessitates an irrefutable appraisal report to ascertain fair market value for the house to the satisfaction of the parties involved. We know that when you lose a loved one, even thinking about an appraisal report is the furthest thought from your mind. Because of this, now and then there are times that the date of an appraisal report differs from the time of death. Summit Appraisal, Inc. assures that we are accustomed to the procedures and requirements needed by the IRS and CA revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our staff to confidentiality, assuring the highest degree of discretion for you.
People often forget that the IRS requires documents filed to explain the numbers involved in estate sales.
An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are well-founded and substantiated.
Having a professional appraisal from Summit Appraisal, Inc. gives the executor irrefutable facts and figures to work with in exceeding IRS and CA state agency requirements. There's no need to worry when getting an appraisal from Summit Appraisal, Inc., because we will stand by it no matter what.
One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.