Appraisals for Estate Settlement by Reds Appraisal Service

Estate 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 quickly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone in bereavement.

Attorneys and accountants depend on our ideals when calculating real property values for estates, divorces, or other disputes requiring a worth being placed on real property. We cater to their needs and are accustomed to helping with all parties involved. In relation to our familiarity in dealing with the courts and other agencies, we furnish appraisal reports that always transcend all expectations.

Usually, settling an estate requires an accurate appraisal report to suggest fair market value for the property to the satisfaction of the parties involved. It's understandable that ordering an appraisal is the farthest thought from your mind. So, it's possible the date an appraisal is ordered will be different from the date of death. Our company is accustomed to the systems and requirements needed to perform a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical requirements explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, ensuring the strongest degree of discretion for you.

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

An exhaustive report showing the appraiser's opinion of value is important to support the methods the appraiser used to come to his conclusions. This sort of report will certainly demonstrate the evidence that the numbers expressed within the report are well-founded and accurate.

Having a professional report from Reds Appraisal Service gives the executor irrefutable facts and figures to work with in going beyond IRS and WA state agency requirements. You need not worry over anything, because we will be there to support our appraisals if they are ever refuted.

Opinions of value shown in documents provided to the revenue authorities definitely should be backed by an exhaustive report as to how the appraiser acquired his conclusions.