Estate Settlement Appraisals in CA by Prestige Appraisal

The task of settling an estate, often a source of stress is very important. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone in bereavement.

Attorneys and accountants depend on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. There are required needs for everyone; we are sympathetic to these necessities and are acclimated to working with all parties involved. In our company, we are accustomed to interacting with legal agencies in writing reports that meet their necessities.

Settling an estate usually demands an appraisal to determine fair market value for the house therein. It's understandable that ordering an appraisal is the farthest thought from your mind. Because of this, now and then there can be times that the date of an appraisal deviates from the date of your loss. Prestige Appraisal assures that our staff are familiar with 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 of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, ensuring the fullest degree of discretion for you and your family.

Many people do not understand that the IRS requires reports filed to express the numbers involved in estate sales.

One of the most necessary requirements in an appraisal is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion. In having a report supported by Prestige Appraisal's professional appraisers, you will have the peace of mind that the numbers displayed in the appraisal will certainly demonstrate to the IRS that the numbers used are accurate and substantiated.

Prestige Appraisal will provide an well-founded appraisal report, which will provide an executor solid facts and numbers that will exceed IRS and revenue agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the appraisal report if it is ever challenged.

One of the most essential requirements in a report is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion.