Appraisals for Estate Settlement by Desert Sky Appraisers
Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly 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 depend on our ideals when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. There are specific needs for everyone; we are sympathetic to these necessities and are comfortable to working with all parties involved. Because of our experience in dealing with the courts and other agencies, we assemble reports that always transcend all expectations.
Contact us immediately to discuss your precise estate appraisal requirements and how we can put our knowledge to work for you.
Usually, settling an estate necessitates an irrefutable appraisal report to show fair market value for the house to the satisfaction of the parties involved. 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 differs from the date of your loss. Our company is familiar with the practices and requirements needed to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, certifying the strongest degree of discretion for all parties involved.
People often forget that the IRS needs documents filed to support the numbers involved in estate sales.
Opinions of value shown in documents filed with the revenue authorities absolutely should be supported by a comprehensive report as to how the appraiser arrived at his conclusions. This sort of report will certainly substantiate the evidence that the numbers displayed within the report are well-founded and accurate.
Having a professional appraisal from Desert Sky Appraisers gives the executor undeniable facts and figures to work with in meeting IRS and AZ state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the appraisal report if it is ever refuted.
One of the most essential requirements in a report is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.