![]() Appraisals for Estate Settlement by Crest Appraisal ServicesThe task 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 exactly as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved. Part of Crest Appraisal Services's company goal is to offer top-notch, ethical appraisals that lawyers can depend on. We realize their needs and are acclimated to working with all parties involved. Due to our experience in working with the courts and different agencies, we provide appraisals that definitely exceed all expectations. Contact us promptly to discuss your personal estate appraisal essentials and how we can put our business acumen to work for you. Settling an estate usually depends on an appraisal to establish fair market value for the property affected. We empathize that in times like this, even thinking about an appraisal report is the furthest thought from your mind. So, there's a chance the date an appraisal is ordered will be different from the date of death. Our company is knowledgeable about the practices and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our company to confidentiality, ensuring the highest degree of discretion for you and your family. All too often, people do not fully understand the requirement to have a full appraisal produced in support of the numbers being used in tax documents filed with the IRS and WA state agencies. Opinions of value displayed in documents filed with the revenue authorities absolutely should be backed by a comprehensive report as to how the appraiser came to his conclusions. Such a report will definitely demonstrate to the IRS that the numbers used are well-founded and correct. Having a professional report from Crest Appraisal Services gives the executor definite facts and figures to work with in exceeding IRS and WA state agency requirements. It assures peace of mind to everyone concerned because we are there to stand behind the report if it is ever challenged. One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. |