Property Valuations for Estate Settlement by Cristin Becker Olson Real Estate Appraisal
Estate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as quickly and with as much dignity as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.
We've made a name for ourselves in providing the best appraisals that lawyers and accountants have come to rely on. There are specific needs for everyone; we are sympathetic to these necessities and are comfortable to dealing with all parties involved. Because of our familiarity in dealing with the legal system and different agencies, we write appraisals that always exceed all expectations.
Contact us today to discuss your specific estate appraisal specifications and how we can put our experience to work for you.
Settling an estate generally demands an appraisal to establish fair market value for the property involved. We understand that when you lose a loved one, ordering an appraisal is the furthest thought from your mind. So, we understand that the time an appraisal report is ordered will not match the date of death. Cristin Becker Olson Real Estate Appraisal assures that we are familiar 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 exact date your loved one passed away. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, assuring the highest degree of discretion for you and your loved ones.
All too often, people do not fully comprehend the requirement to have a comprehensive appraisal prepared in support of the numbers shown in general documents filed with the IRS and CA state agencies.
Opinions of value used in documents provided to the revenue authorities definitely should be backed by a detailed report as to how the appraiser came to his conclusions. Such a report will certainly demonstrate to the IRS that the numbers used are accurate and correct.
Cristin Becker Olson Real Estate Appraisal guarantees an substantiated appraisal, which will provide an executor accurate facts and figures that will meet IRS and state agency requirements. You need not worry over anything, because we will be there to support our work if they are ever challenged.
One of the most essential requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.