Peterson Appraisal Group understands the special needs of estate executors
Estate settlement is an important and sometimes stressful job. 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 compassion to the feelings of everyone in bereavement.
Lawyers and accountants rely on our ideals when calculating real property values for estates, divorces, or other disputes requiring a cost being placed on real property. There are specific needs for everyone; we are sympathetic to these necessities and are comfortable to working with all parties involved. In relation to our familiarity in dealing with the courts and various agencies, we offer appraisals that always transcend all expectations.
Contact us promptly to discuss your precise estate appraisal demands and how we can put our experience to work for you.
Commonly, settling an estate necessitates an detailed appraisal report to ascertain fair market value for the house to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. Of course, you need to be there for your family first. Our professional staff is accustomed to the procedures and requirements needed to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date your loved one passed away. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, providing the strongest degree of discretion for you and your loved ones.
Many times, people do not fully comprehend the demand to have an exhaustive real estate appraisal prepared in support of the numbers shown in tax documents filed with the IRS.
A comprehensive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. Such a report will certainly demonstrate to the CA agencies that the numbers used are well-founded and substantiated.
Having a professional report from Peterson Appraisal Group gives the executor solid facts and figures to work with in exceeding IRS and CA state agency requirements. You need not stress over anything, because Peterson Appraisal Group will be there to stand by our appraisals if they are ever refuted.
Opinions of value shown in documents filed with the revenue authorities definitely should be supported by an accurate report as to how the appraiser came to his conclusions.