Appraisals for Estate Settlement by Sullivan Appraisals
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 departed as quickly and respectfully as possible. You can count on me to act quickly and with as much compassion to the feelings of everyone left behind.
Attorneys and accountants depend on my ethics when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. There are specific needs for everyone; I cater to these needs and are comfortable to dealing with all parties involved. I am accustomed to interacting with legal agencies in composing appraisal reports that meet their demands.
Contact us today to discuss your exact estate appraisal demands and how we can put our business acumen to work for you.
Settling an estate commonly requires an appraisal to suggest fair market value for the house involved. I understand that in this time of loss, ordering an appraisal report is the furthest thought from your mind. Because of this, often there are times that the date of an appraisal report deviates from the date of your loss. Sullivan Appraisals assures that we are comfortable with the procedures and requirements needed by the IRS and CA revenue agencies to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps all appraisals to confidentiality, providing the strongest degree of privacy for all parties involved.
The importance of having a real estate appraisal when working with the IRS to show income when filing documents is often overlooked by most people.
An exhaustive report showing the appraiser's opinion of value is necessary to back the methods the appraiser used to come to his conclusions. In having a report backed by Sullivan Appraisals, you will have the knowledge that the numbers shown in the appraisal report will certainly demonstrate to the authorities that the numbers used are accurate and correct.
Sullivan Appraisals ensures an substantiated appraisal, which will provide an executor accurate facts and figures that will meet IRS and revenue agency requirements. You need not stress over anything, because I will be there to support my work if ever challenged.
Opinions of value displayed in documents provided to the revenue authorities absolutely should be backed by an exhaustive report as to how the appraiser acquired his conclusions.