Appraisals for Estate Settlement by Walker Appraisal ServicesEstate settlement is an important and sometimes stressful job. It's up to you as an executor to carry out the wishes of a loved one as promptly and respectfully as possible. You can count on us to respond quickly and with as much respect to the feelings of everyone left behind.
Attorneys and accountants count on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Sometimes, everyone involved will have different suggestions of how the appraisal process should work; however, our knowledge of the estate process definitely satisfy all parties involved. In our company, we are used to working with law offices in producing appraisal reports that transcend their requirements.
Usually, settling an estate requires an extensive appraisal report to establish 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. So, there's a chance the date an appraisal is needed will deviate the date of death. Walker Appraisal Services assures that our staff is comfortable with the procedures and requirements requested by the federal and California revenue agencies to provide a retrospective appraisal with an effective date and market value estimate matching the date of death. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our staff to confidentiality, guaranteeing the strongest degree of discretion for you.
Many people do not understand that the IRS needs information filed to explain the numbers involved in estate sales.
One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. In having a report supported by Walker Appraisal Services's expert appraisers, you will have the knowledge that the numbers displayed in the report will definitely demonstrate to the IRS that the numbers used are accurate and substantiated.
Walker Appraisal Services ensures a substantiated appraisal, which will provide an executor accurate facts and figures that will meet IRS and revenue agency requirements. You need not stress over anything, because we will be there to back up our reports if they are ever refuted.