Estate Settlement Appraisals in California by Kenny G. Adams, SRAEstate settlement is often stressful, but a very important job. It's up to you as a trustee to carry out the wishes of a loved one as promptly and with as much dignity as possible. You can count on us to respond expeditiously and with as much sensitivity to the feelings of everyone in bereavement.
Attorneys and accountants depend on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Sometimes, all parties will have different ideas of how the appraisal process should work; however, our understanding of the estate process will, without a doubt, satisfy all parties involved. We provide appraisal reports that outdo the obligations of the courts and other groups.
Commonly, settling an estate requires an accurate appraisal report to determine market value for the house to the satisfaction of the parties involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Of course, it's expected that you need to be there for your family first. We are knowledgeable about the practices and requirements obligatory to provide a retrospective appraisal with an effective date and market value estimate matching the exact date you suffered the loss of your loved one. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, ensuring the fullest degree of discretion for you.
People often forget that the IRS needs reports filed to express the numbers involved in estate sales.
One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the authorities that the numbers used are accurate and substantiated.
Kenny G. Adams, SRA guarantees an accurate report, which will give an executor solid facts and numbers that will meet IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever refuted.