Property Valuations for Estate Settlement by Crest Appraisal Services
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 involved.
Part of Crest Appraisal Services's drive is to supply top-notch, ethical appraisals that lawyers can depend on. We are sympathetic to their needs and are used to dealing with all parties involved. Among our staff, we are accustomed to dealing with law offices in writing appraisal reports that exceed their necessities.
Contact us as soon as possible to discuss your specialized estate appraisal demands and how we can put our knowledge to work for you.
Commonly, settling an estate necessitates an detailed appraisal report to acquire fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, often there can be times that the effective date of an appraisal report differs from the date of your loss. Crest Appraisal Services assures that our staff are accustomed to the procedures and requirements needed by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, certifying the strongest degree of privacy for all parties involved.
Most people don't realize that the IRS requires information filed to support the numbers involved in estate sales.
One of the most necessary requirements in a report is an appraiser-supported opinion of value in a comprehensive explanation 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 correct.
Crest Appraisal Services guarantees an well-founded report, which will give an executor solid facts and numbers that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal if it is ever challenged.
One of the most significant 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.