Appraisals for Estate Settlement by Desert Sky Appraisers
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 respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone left behind.
Lawyers and accountants depend on our ideals when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. There are required needs for everyone; we realize these needs and are familiar to working with all parties involved. Among our staff, we are accustomed to working with the courts in producing appraisal reports that surpass their demands.
Contact us promptly to discuss your individual estate appraisal demands and how we can put our business acumen to work for you.
Settling an estate commonly requires an appraisal to suggest fair market value for the residential property in question. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, now and then there are times that the effective date of an appraisal differs from the time of death. We are knowledgeable about the systems and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, certifying the fullest degree of discretion for you.
The requirement of ordering an appraisal when working with revenue services to show income when filing documents is often unknown by most people.
One of the most important requirements in an appraisal is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. Such a report will certainly demonstrate to the authorities that the numbers used are accurate and substantiated.
Having a professional appraisal report from Desert Sky Appraisers gives the executor definite facts and figures to work with in going beyond IRS and AZ state agency requirements. There's no need to have anything but peace of mind when getting a report from us, because we will support it no matter what.
Opinions of value displayed in documents filed with the revenue authorities absolutely should be supported by an accurate report as to how the appraiser arrived at his conclusions.