Property Valuations for Estate Settlement by Stephen McELyeaEstate settlement is often stressful, but a very important 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 sympathy to the feelings of everyone left behind. Attorneys and accountants rely on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Sometimes, everyone involved will have their own ideas of how the appraisal process should work; however, our knowledge of the estate process will, without a doubt, satisfy all parties involved. Among our staff, we are used to interacting with law offices in producing reports that meet their needs. Contact us as soon as possible to discuss your unique estate appraisal requirements and how we can put our business acumen to work for you. Usually, settling an estate necessitates an irrefutable appraisal report to suggest 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. So, there's a chance the time an appraisal is ordered will not match the date of death. We are familiar with the systems and requirements necessary to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our appraisers to confidentiality, providing the highest degree of privacy for all parties involved. Often, people do not fully comprehend the necessity in having an intricate real estate appraisal supplied in support of the numbers shown in tax documents filed with revenue authorities. One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. In having a report supported by Stephen McELyea's professional appraisers, you will have the understanding that the numbers shown in the appraisal report will clearly demonstrate to the CA agencies that the numbers used are well founded and substantiated. An executor will be satisfied by an appraisal by Stephen McELyea which will provide him solid facts and figures to deal with the IRS and CA state agencies' requirements. It assures peace of mind to everyone concerned because we are there to stand behind the appraisal if it is ever challenged. A comprehensive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. |