![]() Peterson Appraisal Group understands the special needs of estate executorsSettling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved. Part of Peterson Appraisal Group's focus is to produce top-notch, ethical appraisals that lawyers can rely on. Often, everyone involved will have differing requirements of how the appraisal process should work; however, our experience of the estate process will, without a doubt, satisfy all parties involved. Among our staff, we are accustomed to interacting with legal agencies in producing appraisals that meet their needs. Contact us promptly to discuss your individual estate appraisal requirements and how we can put our experience to work for you. Settling an estate most often demands an appraisal to establish fair market value for the house involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. Of course, you have to be there for your loved ones first. Peterson Appraisal Group assures that our staff are accustomed to the procedures and requirements requested by the IRS and CA revenue agencies to perform 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) keeps our company to confidentiality, ensuring the strongest degree of discretion for you and your loved ones. Many people do not understand that the IRS requires information filed to express the numbers involved in estate sales. Opinions of value shown in documents provided to the the IRS and CA state agencies absolutely should be supported by an exhaustive report as to how the appraiser acquired his conclusions. Such a report will clearly demonstrate to the CA agencies that the numbers used are well-founded and substantiated. Peterson Appraisal Group ensures an detailed appraisal report, which will provide an executor clear facts and numbers that will meet IRS and state agency requirements. There's no need to be concerned when getting an appraisal from Peterson Appraisal Group, because we will back it no matter what. One of the most necessary requirements in an appraisal report is an appraiser-backed opinion of value in an exhaustive explanation as to how the appraiser came to his conclusion. |