Estate Settlement Appraisals in CA by Bowers Real Estate & Appraisal Services
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 swiftly and with as much dignity as possible. You can count on us to act quickly and with as much respect to the feelings of everyone in bereavement.
Attorneys and accountants count on our conduct when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. There are required needs for everyone; we comprehend these requirements and are familiar to dealing with all parties involved. We produce appraisal reports that meet the requirements of the courts and various agencies.
Contact us promptly to discuss your precise estate appraisal needs and how we can put our business acumen to work for you.
Generally, settling an estate necessitates an clear appraisal report to suggest fair market value for the property to the satisfaction of the parties involved. We know that in times like this, ordering an appraisal is the furthest thought from your mind. Because of this, now and then there are times that the effective date of an appraisal report differs from the time of death. Bowers Real Estate & Appraisal Services assures that our appraisers are accustomed to the procedures and requirements needed by the IRS and CA revenue agencies 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 stated within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our staff to confidentiality, guaranteeing the highest degree of privacy for you and your family.
Many people do not understand that the IRS needs documents filed to show the numbers involved in estate sales.
Opinions of value used in documents filed with the revenue authorities absolutely should be backed by an exhaustive report as to how the appraiser acquired his conclusions. Such a report will certainly demonstrate to the IRS that the numbers used are well-founded and correct.
Having a professional appraisal from Bowers Real Estate & Appraisal Services gives the executor undeniable facts and figures to work with in going beyond IRS and CA state agency requirements. There's no need to worry when getting an appraisal from us, because we will back it no matter what.
One of the most important requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion.