Appraisals for Estate Settlement by Abandy & Associates Appraisal Services
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 swiftly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.
Attorneys and accountants rely on our ethics 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 necessities and are used to to working with all parties involved. We construct appraisal reports that meet the necessities of the legal system and various agencies.
Contact us immediately to discuss your individual estate appraisal specifications and how we can put our knowledge to work for you.
Settling an estate commonly requires an appraisal to acquire fair market value for the residential property involved. We empathize that in times like this, ordering an appraisal report is the furthest thought from your mind. So, it's possible the time an appraisal report is needed will not match the date of death. Abandy & Associates Appraisal Services assures that our staff are accustomed to the procedures and requirements requested by revenue services to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, assuring the strongest degree of privacy for all parties involved.
The necessity of needing an appraisal when working with government agencies to show income when filing documents is often unknown by most people.
One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. This sort of report will clearly show the evidence that the numbers within within the report are well-founded and accurate.
An executor will be ecstatic by a report by Abandy & Associates Appraisal Services which will give him undeniable 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 back up our reports if they are ever refuted.
An exhaustive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions.