Correct Appraisals knows the special needs of estate executors
Estate settlement is a very important, but often stressful job. As an executor you have been entrusted to carry out the wishes of the departed as quickly and respectfully as possible. You can count on us to act quickly and with sensitivity to the feelings of everyone involved.
Lawyers, accountants and financial professionals depend on our expertise when requiring real estate values for estates, divorces, probate or other circumstances requiring a value being placed on real property. We comprehend their needs and are accustomed to dealing with all parties involved. Our work product and reports always exceed the requirements set forth by the courts, the IRS, and California State.
Contact us promptly to discuss your precise estate appraisal specifications and how we can put our knowledge to work for you.
Settling an estate most often depends on an appraisal to establish fair market value for the home affected. We know that in times like this, even thinking about an appraisal is the furthest thought from your mind. So, there's a chance that the time an appraisal is requested will not match the date of death. Correct Appraisals can assure that we are familiar with the procedures and requirements needed by revenue services 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 obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, providing the fullest degree of privacy for you and your loved ones.
Many people do not understand that the IRS requires reports be filed to support the values and costs involved in estate sales. Correct Appraisals guarantees an accurate and complete appraisal report. With over 24 years of experience everyone concerned can have peace of mind because we will always be there to stand behind our reports and work product.
Opinions of value shown in documents provided to the the IRS and CA state agencies absolutely should be backed by an exhaustive report as to how the appraiser decided on his or her conclusions.