Estate Settlement Appraisals in California by Peterson Appraisal GroupSettling an estate is often stressful, but a very important job. It's up to you as an executor to carry out the wishes of the deceased as quickly and with as much dignity as possible. You can count on us to act expeditiously and with as much understanding to the feelings of everyone involved.
We've made a name for ourselves in producing excellent appraisals that lawyers and accountants have come to depend on. We understand their needs and are accustomed to working with all parties involved. We supply appraisal reports that meet the obligations of the legal system and other agencies.
Settling an estate usually demands an appraisal to acquire market value for the residential property in question. It's understandable that thinking about an appraisal is the farthest thought from your mind. Because of this, often there will be times that the date of an appraisal differs from the time of death. Peterson Appraisal Group assures that we are accustomed to the procedures and requirements requested by the federal and California revenue agencies to perform a retrospective appraisal with an effective date and 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) conforms our company to confidentiality, assuring the strongest degree of discretion for you and your family.
Most of the time, people do not fully comprehend the need to have a complete appraisal report produced in support of the figures used in tax documents filed with revenue authorities.
One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the California agencies that the numbers used are well-founded and correct.
An executor will be overjoyed by a report by Peterson Appraisal Group which will give him irrefutable facts and figures to cooperate with the IRS and California state agencies' requirements. You need not be concerned over anything, because we will be there to back up our reports if they are ever refuted.