Appraisals for Estate Settlement by Judge Appraisal
The job of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and exactly as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement.
Part of Judge Appraisal's drive is to create top-notch, ethical appraisals that attorneys can rely on. We understand their needs and are acclimated to working with all parties involved. In our company, we are accustomed to working with law offices in assembling appraisals that transcend their necessities.
Contact us promptly to discuss your precise estate appraisal specifications and how we can put our knowledge to work for you.
Settling an estate most often demands an appraisal to acquire fair market value for the home in question. We sympathize that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. So, it's possible the date an appraisal report is ordered will be different from the date of death. Judge Appraisal assures that we are comfortable with the procedures and requirements requested by the IRS and CA revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, ensuring the fullest degree of privacy 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 a report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. Such a report will definitely demonstrate to the IRS that the numbers used are accurate and correct.
Having a professional report from Judge Appraisal gives the executor irrefutable facts and figures to work with in exceeding IRS and CA state agency requirements. You need not stress over anything, because Judge Appraisal will be there to support our work if they are ever refuted.
Opinions of value used in documents provided to the revenue authorities definitely should be supported by a detailed report as to how the appraiser came to his conclusions.