Heritage Appraisal Services knows the special needs of estate executorsThe 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 swiftly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone involved. Attorneys and accountants count on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Generally, the parties involved will have different suggestions of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. Because of our experience in working with the legal system and various agencies, we offer reports that definitely transcend all expectations. Contact us immediately to discuss your explicit estate appraisal requirements and how we can put our business acumen to work for you. Settling an estate generally requires an appraisal to ascertain fair market value for the residential property therein. It's understandable that thinking about an appraisal is the farthest thought from your mind. Due to this, it is possible that the time of death differs from the date the appraisal is needed. Heritage Appraisal Services assures that our appraisers are comfortable with the procedures and requirements needed 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 stated within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, ensuring the strongest degree of discretion for you. People often forget that the IRS requires reports filed to show the numbers involved in estate sales. One of the most important requirements in an appraisal report is an appraiser-supported opinion of value in an exhaustive reason as to how the appraiser came to his conclusion. A report of this caliber will definitely demonstrate the evidence that the numbers within within the report are well-founded and accurate. Heritage Appraisal Services guarantees an substantiated report, which will give an executor definite facts and figures that will exceed IRS and revenue agency requirements. You need not worry over anything, because we will be there to back up our reports if they are ever challenged. A comprehensive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. |