![]() Appraisals for Estate Settlement by Century Appraising ServicesEstate 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 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 count on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Usually, everyone involved will have different ideas of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. We supply appraisal reports that transcend the obligations of the legal system and different agencies. Contact us promptly to discuss your specialized estate appraisal specifications and how we can put our knowledge to work for you. Settling an estate most often requires an appraisal to acquire 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, now and then there can be times that the effective date of an appraisal differs from the date of your loss. We are knowledgeable about the systems and requirements obligatory to provide a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, guaranteeing the strongest degree of privacy for you. The requirement of owning an appraisal when cooperating with government agencies to explain income when filing documents is often misunderstood by most people. An accurate report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. Such a report will definitely demonstrate to the CA agencies that the numbers used are accurate and substantiated. Having a professional appraisal from Century Appraising Services gives the executor solid facts and figures to work with in exceeding IRS and CA state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever challenged. Opinions of value used in documents provided to the the IRS and CA state agencies absolutely should be backed by a detailed report as to how the appraiser acquired his conclusions. |