There are times when there are more important things than numbers…
Estate settlement is often stressful, but a very important job. As a trustee, you’ve been given the power to carry out the wishes of a loved one as swiftly and attentively as possible. You can count on So-Cal Quality Appraisals to respond expeditiously and with as much compassion to the feelings of everyone left behind.
Lawyers and accountants rely on our expertise when calculating real property values for estates, divorces, or other disputes requiring a value being determined for real property. Sometimes, the parties involved will have different ideas of how the appraisal process should work; however, our experience of the estate process will undoubtedly satisfy all parties involved. We supply appraisal reports that meet the needs of the courts and assorted agencies.
Settling an estate generally depends on an appraisal to suggest market value for the property affected. It’s understandable that ordering an appraisal is the farthest thought from your mind. Due to this, now and then the date of death differs from the date the appraisal is required. We are knowledgeable about the practices and requirements to provide a retrospective appraisal with an effective date and market value estimate matching the exact date of death. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us to confidentiality, guaranteeing the fullest degree of discretion for you and your family.
People often forget that the IRS needs documents filed to support the numbers involved in estate sales. In addition, an Estate Appraisal at this point in time can help with lowering or eliminating future Capital Gains. Click on the link on the “Home” page to watch our video example.
Opinions of value used in documents filed with the IRS and California agencies definitely should be backed by a detailed report as to how the appraiser arrived at his conclusions. A report of this caliber will definitely demonstrate that the values presented are well-founded, reasonable, and accurate.
So-Cal Quality Appraisals ensures a detailed appraisal report, which will give an executor clear facts and figures 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 if it is ever challenged.
Contact us today to discuss your individual estate appraisal needs and how we can put our business acumen to work for you.