Appraisals for Estate Settlement by WalshStreet 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 departed as quickly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement.
Attorneys and accountants rely on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a cost being placed on real property. There are specific needs for everyone; we cater to these needs and are comfortable to working with all parties involved. Among our staff, we are accustomed to working with legal agencies in assembling reports that meet their necessities.
Contact us as soon as possible to discuss your precise estate appraisal requirements and how we can put our knowledge to work for you.
Settling an estate generally depends on an appraisal to establish fair market value for the property in question. It's understandable that thinking about an appraisal is the farthest thought from your mind. Because of this, often there are times that the date of an appraisal report differs from the time of death. Our professional staff is familiar with the systems and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, certifying the fullest degree of discretion for you and your family.
The necessity of ordering an appraisal report when working with government agencies to explain income when filing documents is often unknown by most people.
An accurate report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. This sort of report will definitely substantiate the evidence that the numbers displayed within the report are well-founded and accurate.
An executor will be ecstatic by an appraisal report by WalshStreet Appraisals which will show him solid facts and figures to work with the IRS and CA state agencies' requirements. You need not stress over anything, because we will be there to stand by our work if they are ever challenged.
Opinions of value displayed in documents filed with the revenue authorities absolutely should be backed by an accurate report as to how the appraiser arrived at his conclusions.